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Kenyan lawmakers warn heavy domestic borrowing may limit loans for households and businesses.
Kenyan lawmakers warn that the government's heavy reliance on local borrowing to fund the budget could make it harder for households and businesses to get loans.
The Treasury plans to borrow Sh323 billion more domestically for the 2025/26 budget, a shift from relying on foreign loans, though revenue falls short of covering spending.
Critics say this strategy risks crowding out the private sector and slowing economic growth.
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Los legisladores kenianos advierten que el fuerte endeudamiento doméstico puede limitar los préstamos para hogares y empresas.