Kenya has saved Sh72.33 billion in foreign debt payments to countries such as China after parastatals resumed servicing loans earlier than projected in the wake Covid-19 economic hardships, the Treasury has disclosed.
The Public Debt Management Office (PDMO) at the Treasury says it has cut projected spending on foreign debt by 18.06 percent to Sh328.13 billion after some State-owned firms repaid some of the loans.
