Experts have warned of the need for the government to reduce borrowing and to keep a firm grip on spending. PHOTO | FILE

The Big Story

Treasury to raise domestic debt by 75pc next year

Posted 1 hour ago

Kenya’s domestic borrowing is projected to rise by 75 per cent to Sh208 billion in the next financial year compared to the current year, energising the fixed-income market but also raising the spectre of even higher interest rates....