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Kenya spent over half a trillion shillings on debt in just three months—Ksh 507 billion between July and September, a Ksh 182 billion increase from last year. Most of it, Ksh 294 billion, stayed local to pay domestic lenders, while Ksh 213 billion went abroad, with commercial banks taking the largest share. Total debt now stands at Ksh 12 trillion. Debt spending exceeds that for roads, hospitals, or schools, consuming nearly 30% of the budget.
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