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Will 2018’s loud public debt alarm bells stop?
To size it up, the mountain of public debt currently stands at Sh5.17 trillion having grown 13 per cent from Sh4.57 trillion at the end of 2017. PHOTO | BD GRAPHIC
No escape could last long enough in 2018, a year when the odds — political, economic and social — seemed more daunting with each passing day.
Every so often Kenyans got reminded of the fact that their country had accumulated a debt load too heavy for it to carry sustainably into the future. Public debt had become the proverbial elephant in the country’s economic room.
