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Mallam El-Rufai day of reckoning arrives?

Mallam El-Rufai day of reckoning arrives?
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Govt to raise Rs 9.4 billion in domestic debt through development bonds

KATHMANDU, Sept 16: In yet another effort to raise domestic loans amid ongoing crunch in its financial resources, the government is issuing development bonds worth Rs 9.4 billion. ....

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Govt steps up preparation to raise internal debt of Rs 10 billion

KATHMANDU, August 2: The government is gearing up to acquire domestic loans worth Rs 10 billion through market borrowing with the onset of the new fiscal year, FY 2023/24. ....

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Raila faults Ruto appetite for loans, claims govt borrowed Sh213.4bn in one day

Azimio leader says the money was borrowed from local financial institutions at a high-interest rate of 15.84 per cent. ....

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Kenya must now live within own revenue targets

Generally, too much borrowing is not good. Taking too many loans from the local market could “crowd out” the private sector. ....

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