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Budget reality check: Moody's warns Kenya of fiscal pain ahead
Rating firm warns austerity measures unlikely to yield much amid revenue shortfalls. It also cites country’s heightened debt risks, potentially raising the cost of external borrowing.
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businessdailyafrica.com
State must not rely on debt to finance budget
Kenya’s rising deficit and debt underscore the need for tax reforms, spending discipline, and structural change to secure fiscal sustainability.
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standardmedia.co.ke
Budget reality check as Moody's warns Kenya of fiscal pain ahead
Rating firm warns austerity measures unlikely to yield much amid revenue shortfalls. It also cites country’s heightened debt risks, potentially raising the cost of external…
