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Weak shilling push up Kenya's foreign debt by Sh1.2tn in a year

This means the external debt value could rise to Sh5.67 trillion by December this year.

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by VICTOR AMADALA AND ALFRED ONYANGO

Kenya20 September 2023 - 12:27
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A cashier at a Nairobi forex bureau counts dollars and shilling notes/

Kenya's external debt is likely to rise by close to Sh1 trillion in a year to December if the shilling continues to tumble against the US dollar. 

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