Kenya eyeing long term securities to ease domestic debt pressure
Published on: Tuesday 07 March 2023
•According to National Treasury Principal Secretary Chris Kiptoo public debt stock is expected to surpass the Sh10 trillion debt limit in the Financial Year 2023- 2024.•In the current setting multilateral debt account for 47 percent of the debt equivalent to Sh2.21 trillion. The government is betting on long tenure Treasury Bonds to refinance the maturing domestic debt in its medium term debt management strategy. This will be a shift from local...
News source: https://www.msn.com/en-xl/africa/other/kenya-eyeing-long-term-securities-to-ease-domestic-debt-pressure/ar-AA18k28r
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