DEBT BURDEN

Treasury borrows Sh305bn despite outcry over swelling debt

The loans will finance environment, education, and affordable housing projects

In Summary
  • Three of the loans have been disbursed by the multilateral and commercial lenders
  • Public debt has elicited concerns, especially with the latest efforts by the Treasury to raise the cap to Sh9 trillion

 

The government borrowed six loans amounting to Sh305 billion despite the outcry over the swelling public debt.

Documents tabled in Parliament yesterday showed that three of the loans have been ...

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