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Public debt crosses Sh4trn mark as State appetite grows

The National Treasury building in Nairobi. Kenya has in the past four years borrowed billions of shillings to finance power generation and road construction projects. FILE PHOTO | NMG

By  BRIAN NGUGI

Kenya’s public debt crossed the Sh4 trillion mark at the end of March this year, reflecting the Jubilee government’s sharp appetite for loans.

This has raised fears of the country’s future ability to repay the mounting credit.

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