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CoB warns of looming Sh3.32 trillion debt crisis

CoB Dr Margaret Nyakang'o before the National Assembly Public Debt and Privatisation Committee at Parliament on March 30, 2026. [Boniface Okendo, Standard]

The Controller of Budget (CoB) has raised concerns over Kenya's heightened vulnerability due to its external debt profile, highlighting the risk of default on Sh3.32 trillion falling due within the next year.

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