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State to borrow Sh532bn locally to plug budget deficit

Increase in the fund servicing expenses are due to maturing debt.

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by JACKTONE LAWI

Football31 May 2023 - 17:30
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Treasury Cabinet Secretary Njuguna Ndungu

The funds that the government will use to run its operations in the 2023-2024 financial year is expected to increase by an additional Sh766 billion.

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