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Vol 64 No 9

Published 27th April 2023


Kenya

Ruto's credit slumps amid cash flow crisis

Public sector wages arrears have exposed the scale of the government's debt burden and revenue problems

The failure to pay the March wages of civil servants, teachers and politicians has blown a hole in the economic management record of President William Ruto's government after just over six months in office. And the news is unlikely to get any better soon.

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