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Kenya mulls budget cuts in 2022-2023 fiscal budget

At the heart of a biting cash crunch, Kenya’s government is expected to reduce its rate of borrowing in the domestic market to spur lending to businesses. This will see the National Treasury in this fiscal year reduce expenditure by nearly 300 billion Kenyan shillings. CNBC Africa's Aby Agina spoke to George Bodo on the implications this may have on the country’s development agenda.
Mon, 14 Nov 2022 15:08:26 GMT
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