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Kenya plans to borrow 80% of debt locally in next five years -report
Kenya plans to source more than 80 per cent of gross borrowing locally in the next five years, a move the National Treasury says offers a sustainable balance between cost and risk exposure. This as per the latest Annual Public Debt Management Report 2024/5, released on Wednesday, outlining a plan to source 82 per cent of gross borrowing from domestic sources, up from the current target of 75 per cent. [...]