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World Bank Flags Kenya’s Weak Revenue, High Debt

Summary by k24.digital
Kenya's economic growth is expected to slow to 4.5% in 2025 from 4.7% in 2024, according to the World Bank’s
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k24.digitalk24.digital

World Bank flags Kenya’s weak revenue, high debt

Kenya's economic growth is expected to slow to 4.5% in 2025 from 4.7% in 2024, according to the World Bank’s

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Thanh NiênThanh Niên

Localities Can Borrow up to 120% of Revenue: Worried About 'Easy Borrowing, Heavy Debt'

National Assembly deputies are concerned that increasing the local debt ceiling to 120% could lead to a situation of "easy borrowing, heavy debt", putting pressure on the public debt ceiling and dispersing national resources.

·Viet Nam
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Thanh Niên broke the news in Viet Nam on Monday, May 26, 2025.
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