×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

World Bank warns of fresh risks in State's borrowing plan

Vocalize Pre-Player Loader

Audio By Vocalize

Treasury Cabinet Secretary Njuguna Ndung'u. [Edward Kiplimo, Standard]

The World Bank has warned of fresh risks in Kenya's domestic borrowing plan.

In a new report, the Bretton Woods institution appears to suggest it is important for the government to cut reliance on domestic debt, which has the inherent risks of crowding out the private sector.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Kenya Airways and Rubis in Sh10.6b green jet fuel refinery pact
Enterprise
From aid to enterprise: Refugee businesses expand East Africa's economy
Business
Taiwan firm to unveil AI computers at tech conference
Enterprise
How AI is transforming financial services and business in Kenya