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Kenya has secured a new concessional loan of 129 billion Kenyan Shillings from the United States in an agreement signed by President William Ruto. This comes as the Kenya Human Rights Commission (KHRC) reports that the nation is heavily impacted by its public debt and wage bill. According to these reports, most of the nation's revenue is being allocated to debt repayment and salaries rather than essential services. Two reports from the KHRC also indicate that Kenyans are facing severe economic hardship and increased poverty due to government policies and a burgeoning debt burden.
Kenya is heavily impacted by its public debt and wage bill, with independent reports revealing that most of the nation's revenue is being allocated to debt repayment and salaries rather than essential services. This situation is exacerbating inequality and diverting crucial resources, according to the Kenya Human Rights Commission (KHRC).
New reports indicate that Kenyans are facing severe economic hardship due to government policies and a burgeoning debt burden. Two reports from the Kenya Human Rights Commission (KHRC) highlight the immense pressure on citizens.