Govt tergets European markets for borrowing
26 June 2013, 11:04
Nairobi - Daily Nation reports the government intends to borrow more than KES 84 billion from the international markets to help it to finance a KES 329 billion budget deficit.
The money will be borrowed next year between January and June.
Treasury has revealed that it is targeting the
European markets through the issuance of a Eurobond where it said it
expects to get cheaper credit.
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