CBK boss warns of hurdles meeting borrowing target

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The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG

Outgoing Central Bank of Kenya (CBK) governor Patrick Njoroge has warned that the government is facing an uphill task of realising its borrowing targets from the domestic market in the new fiscal year.

The CBK says the Sh521.5 billion to be sought from the domestic market is a tall order and risks having perverse outcomes at a time the market is struggling to woo investors.

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