Kenya’s public debt doubles as government goes into loan frenzy
President Uhuru Kenyatta’s insatiable appetite for loans to fund infrastructure projects has seen Kenya’s public debt double under his watch to Sh3.6 trillion in September. Yes, each Kenyan owes creditors a pound of flesh, currently at Sh79,256 per citizen, and growing. As at June 2013, barely two months after assuming power, Nairobi’s volume of debt stood…
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Sure is empty down here...