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flag Kenya's Ruto government took 11 new loans worth $1.57bn in 5 months for youth savings, infrastructure, electricity, and irrigation.

flag Kenya's Ruto government has taken 11 new loans worth $1.57 billion (Sh223.54 billion) in the last five months, according to a Treasury report. flag The loans were contracted from September 1, 2023, to January 31, 2024, with all but one from multilateral lenders. flag The loans aim to promote youth savings, improve Kenya Power Company's financial viability, increase electricity and irrigation water access, and enhance urban infrastructure and services.

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