Interest Kenya paid for outstanding Chinese loans more than doubled in three months through September, official data shows, pushing up repayments to a record-high of Sh72.07 billion in the review period.
Latest expenditure disclosures by the Treasury show interest repayments wired to Beijing, mainly through the Exim Bank of China, surged to nearly Sh24.46 billion in the first quarter of the current fiscal year from Sh11.85 billion a year ago.
