Debt burden mounts as Treasury borrows Sh430bn in 5 months

National Treasury Cabinet Secretary Henry Rotich, November 8, 2016. FILE | PHOTO | NMG

Kenya borrowed Sh430.6 billion in the five months to June, highlighting the Jubilee administration’s appetite for foreign money to finance mega infrastructure projects.

The Treasury signed a total of 29 new loans involving bilateral, multilateral and commercial creditors.

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