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Kenya’s debt burden has now surpassed 60% of its GDP, with domestic borrowing outpacing foreign debt, Treasury CS John Mbadi has revealed. Appearing before the Senate Budget Committee, Mbadi also defended the newly launched electronic procurement system, touting it as a game-changer in sealing graft loopholes and curbing public funds wastage.
Kenya’s Debt Hits 60% of GDP – Mbadi Raises Red Flag
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