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Kenya: Ruto Proposes Spending Cuts and Borrowing to Fill Tax Gap

July 5, 2024 / by
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… in Nairobi, Kenya, July 5, 2024. REUTERS/Monicah Mwangi
Kenyan President … spending cuts totalling 177 billion Kenyan Shillings, or US $1 … borrowing by about 169 billion Kenyan shillings, which is roughly … from rising living costs.
Kenya’s budget deficit is …

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