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CBK cautions government over narrowing window to borrow

Central Bank of Kenya Governor Patrick Njoroge during a media briefing at his office in Nairobi.[Elvis Ogina, Standard]

Government should consider other options of funding projects apart from debt, Central Bank of Kenya (CBK) Governor Patrick Njoroge has said.

Addressing the press at CBK headquarters in Nairobi yesterday, Dr Njoroge said even though he sees the current public debt level as sustainable, it could become difficult in future to depend on borrowing to finance huge infrastructural projects.

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