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Investors have injected a staggering Sh181.4 billion into three-month Treasury bills over the past 10 weeks, presenting a short-term debt challenge for the National Treasury. The Controller of Budget has issued warnings regarding Kenya's increasing public debt, highlighting its detrimental impact on development funding. Separately, the Controller of Budget wants Public Finance Law amended over rising debt concerns. Kenya Re bosses have also opposed a petition seeking their removal, with the petition alleging serious misconduct including intimidation and financial impropriety.
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