Kenya’s public debt has ballooned to Ksh.8.4 trillion record high as President Uhuru Kenyatta prepares to vacate office in August, representing a 344.4 percent jump from Ksh.1.89 trillion debt which was left behind by the late President Mwai Kibaki in 2013. The National Treasury Cabinet Secretary

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Increased spending on debt payment has hurt Kenya’s thin revenues, squeezed funds available for development projects, and forced some State agencies to borrow to pay salaries, highlighting the burden of the fast-maturing debt on the economy. Since the Jubilee administration assumed power under the reign of

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