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Kenya pays USD1.2B in 2021 to service foreign loans

NAIROBI (XINHUA) – Kenya paid KES137 billion (about USD1.2 billion) in 2021 to service its external debt, the Treasury said in a report released on Monday. The money comprised USD704 million for the principal amount and USD496 million for interest. In dollar terms, external public debt stock increased from USD34.7 billion as at December 2020
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