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Controller of Budget Margaret Nyakang'o when she appeared before the Senate Standing Committee Finance and Budget and Council of Governors at the County Hall in Nairobi on March 30, 2023. [File, Standard]
The depreciating value of the Kenya shilling against the US dollar has caused an increase in debt stock and debt repayments in terms of local currency, according to the Controller of Budget Margaret Nyakang'o.
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