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MPs slam brakes on borrowing plans amid debt ceiling review

Kenya's public debt stood at Sh9.15 trillion as at last December, just shy of the ceiling. [iStockphoto]

A parliamentary committee wants the Sh10 trillion debt ceiling retained for the current financial year, putting Treasury's borrowing plans in limbo.

The National Assembly's Select Committee on Public Debt and Privatisation says in a newly published report that any fresh borrowings by the Ruto government should be capped within the ceiling.

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