Rising govt borrowing is squeezing private sector credit, stakeholders reveal
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Kenya’s private sector is facing growing pressure to access credit as increased government borrowing from local banks continues to divert funds away from businesses. The concern emerged during the inaugural Multisectoral Forum on Public Debt Management convened by the National Assembly’s Committee on Public Debt and Privatisation, chaired by MP Abdi Shurie Mbalambala. The forum, […]
Reporting originally appeared via People Daily. Read the full source for additional context.