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Kiharu Member of Parliament Ndindi Nyoro has raised the red flag, warning that the country is in a debt crisis and could soon join Africa's debt defaulters club.
Speaking at the Institute of Public Finance annual budget review, the former Budget and Appropriations Committee Chair said the country’s public debt—currently estimated at Ksh.11 trillion—is worrying. He warned that any attempts by the government to renegotiate existing debt could prove to be even more catastrophic
MP Ndindi Nyoro warns Kenya on the brink of defaulting as debt burden hits Ksh.11 trillion
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