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Kenya takes new Sh. 502 billion loans from EU

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Despite public protests against debts that are spiralling out of control, the Jubilee government has signed a five-year €4.5 billion (Sh. 520 billion) loans and grants deal with the European Union (EU). The new agreement was signed between Treasury Cabinet secretary Henry Rotich and EU ambassador to Kenya Stefano Dejak. It has added to Kenya’s […]

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