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HakiPensheni Monitor Online:Benefits & Retirements Monitoring
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Monday, October 31, 2016
World Bank cautions Kenya to tame borrowing spree
Treasury Cabinet Secretary Henry Rotich. The warning runs contrary to the Treasury’s position that the national debt is manageable. PHOTO | FILE
By BRIAN NGUGI, bnjoroge@ke.nationmedia.com
In Summary
While Kenya’s public debt remains sustainable, the margin for further debt accumulation is narrowing at an uncomfortably rapid pace.
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