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Kenyans are still reeling from news that the government acquired yet another 263B loan from IMF

16th February, 2021

Kenyans are still reeling from news that the government acquired yet another loan from the international monetary fund, Monday. The facility is worth 262 billion shillings, and official figures indicate that government borrowing hit record highs in December 2020, even as the pressures of the covid?19 global pandemic weighed heavily on the economy. KTN’s Brenda Kerubo spoke to various experts and now tells us why Kenyans should be concerned about the country’s ever rising debt.

 

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