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Financial system
Debt chief exits Treasury after Eurobond fallout
Thursday January 25 2024
The Kenya Kwanza authorities is parting methods with the director-general in command of debt administration on the Treasury, Haron Sirima, amid escalating debt sustainability considerations which have pressured the Exchequer to retreat on a plan to purchase again $300 million of the $2 billion Eurobond that matures in June this yr.
The previous Central Financial institution of Kenya (CBK) Deputy Governor, who has been on the helm of the debt administration unit since June 2018, confirmed his exit with out divulging particulars surrounding his departure.
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