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Debt load sees Kenya's Treasury turn to regional bank for rescue

Members of the public watch as the first Standard Guage Railway (SGR) line passenger train snails out of the Mombasa Terminus Station

As the year comes to a close, Kenya is inching closer to settling its first Eurobond that has seen the money markets closely watch Treasury’s moves.

While Kenya’s Sh5.1 trillion loan is not a problem, the crisis seems to stem from most debts maturing at the same time or close to each other.

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