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Kenya raises public debt ceiling to Sh10 trillion

The Treasury has asked MPs to raise the public debt ceiling to Sh10 trillion to allow the Kenya to borrow Sh846 billion to plug the budget deficit in the fiscal year starting July 1. The lawmakers raised the debt ceiling to Sh9 trillion from Sh6 trillion previously in October 2019. Reginald Kadzutu, CEO, Amana Capital joins CNBC Africa for more.
Wed, 01 Jun 2022 10:30:27 GMT
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