State takes 11 new loans in four months

National Treasury Cabinet Secretary Njuguna Ndung’u

National Treasury Cabinet Secretary Njuguna Ndung’u. FILE PHOTO | NMG

The Treasury borrowed Sh223.5 billion in the four months to January from 11 new loans contracted from multilateral and commercial creditors between last September and the end of January 2024.

From this, Sh30 billion was used for the preparations to refinance the maturing Eurobond.

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