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Kenya’s debt rises to historic high: treasury
Aug. 16, 2023, 10:06 a.m. | AFP
Digital Journal www.digitaljournal.com
Kenya’s debt level has reached record highs despite President William Ruto’s vow to tame the country’s appetite for loans, treasury figures show. Total public debt rose by a record 1.56 trillion shillings ($10.8 billion) in the financial year ended June 30 to 10.1 trillion shillings ($70.75 billion), breaching a debt ceiling of 10 trillion shillings, according […]
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