Kenya signs Sh82 billion syndicated loan

Treasury principal secretary Kamau Thugge. FILE PHOTO |

Kenya has signed an $800 million (Sh82.4 billion) syndicated loan with four international lenders and the government has already drawn down the sum, a senior Treasury official said on Monday

President Uhuru Kenyatta, who faces re-election in August, has raised borrowing since taking power in April 2013.

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