Kenya Revenue Rises but Falls 58.2 Billion Shillings Short of Target
Ordinary revenue rose 14.4% in the first fiscal quarter, but failed to reach the target set by the Treasury.
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Kenya: debt set to absorb nearly 80% of ordinary revenue
The Treasury expects 2,301 billion shillings in debt service for the financial year ending June 2027, compared with 1,875 billion a year earlier.
Kenya Airways warns investors after $350 million in public funding
The company says the loan and the proposed conversion of 122 billion shillings of debt remain subject to final agreements, shareholder approval and the authorities' approval.
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