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World Bank warns on Kenya's mounting debt risk, urges action

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National Treasury Cabinet Secretary Prof Njuguna Ndung'u. [Boniface Okendo, Standard]

Kenya's debt remains sustainable, but the country's risk of debt distress remains high, the World Bank has warned in a new report set for launch today.

The international lender consequently wants the government to act quickly to tackle fiscal imbalances and restructure public spending to draw more investments and boost growth.

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