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Treasury disowns Controller of Budget’s assertion that Kenya is overpaying interest on loans

www.capitalfm.co.ke 24-02-2024 06:00 0.5 Minutes reading
NAIROBI, Kenya, Feb 24 – Treasury Cabinet Secretary Njuguna Ndung’u has refuted assertions by Controller of Budget Margaret Nyakang’o that the country is paying a high interest rate on loans. In a statement yesterday, Ndung’u maintained that Kenya does not hold any loans from the World Bank or IMF at rates of 14.5 percent. “We […]

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