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How aborted Sh115bn Eurobond plunged Treasury into cash crunch

Treasury fails to disburse Sh90 billion to national government entities and counties

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by The Star

Kenya06 July 2022 - 15:47
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Treasury CS Ukur Yatani ahead of the 2022-23 budget reading at the National Assembly on Thursday, April 7

Kenya’s move to cancel the Sh115 billion Eurobond has plunged the government into a cash crunch with the Treasury unable to fund several exchequer requests.

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