Treasury eyes syndicated loans in financing review

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Director General Public Debt Management Office National Treasury Dr Haron Sirima during a past event at Kenyatta International Convention Centre on December 6, 2022. PHOTO | DENNIS ONSONGO | NMG

The Treasury has signalled an uptake of syndicated loans after raising its target for commercial financing in the 2023/24 fiscal cycle.

Commercial financing targets have been raised from the previous estimate of Sh270 billion to Sh467 billion, indicating the exchequer would be leveraging funding from the international capital markets.

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