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Fear over domestic debt, hiked over 52% in four years, BoT reports
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March 16, 2022March 16, 2022News

Fear over domestic debt, hiked over 52% in four years, BoT reports

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The government’s domestic debt has risen over 52% in the last four years. The official data reveal that the debt has been dramatically increasing as it stood by Sh. 13 trillion in January 2018 and recorded at Sh. 25 trillion by January 2022.  According to Mr Emmanuel Turuba, the permanent treasury secretary, the government uses...