High-net-worth domestic investors are expected to enjoy a windfall of Sh851.42 billion in the year starting July, as the Kenya Kwanza government ramps up its domestic borrowing to plug budget holes.
Treasury projections show that interest payments on domestic borrowing will jump by Sh84.17 billion from Sh767.24 billion, which will be paid to investors, including banks, pension schemes, and insurance firms, in the year ending this month.
