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Browsing: Debt consequences to Kenya
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The government of Kenya to implement a raft of measures to address the current high debt levels in Kenya and the fiscal challenges the country continues to face
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A high fiscal deficit because of higher expenditure than revenue collections is the primary driver of the increased borrowing
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The government should channel efforts towards strengthening the Capital Markets structure to ease the pooling of funds by investors to undertake development projects
Economic analysts have urged the government of Kenya to implement a raft of measures to address the current high debt levels in Kenya and the fiscal challenges the country continues to face.
The analysts from Cytonn Investments said the government should work on strategies to reduce the economic consequences of high debt levels and increased risk of debt distress.
The analysts said they commend the government on the continuous efforts to boost revenue collection but believe a lot needs to …