Kenya and Tanzania share a common heritage and destiny. We are committed to strengthening our bilateral relations to foster greater socio-economic cooperation for our shared prosperity.
Attended the 60th anniversary celebrations of the union between the former Republic of Tanganyika and the People’s Republic of Zanzibar, Uhuru National Stadium, Dar Es Salaam, hosted by President @SuluhuSamia.
With us were Presidents Hakainde Hichilema (Zambia), @GeneralNeva (Burundi), @PR_AZALI (Comoros), Nangolo Mbumba (Namibia), @HassanSMohamud (Somalia), Felix Tshisekedi (DRC) and Hussein Ali Mwinyi (Zanzibar).
CBK has raised the alarm over increased borrowing by parastatals to pay salaries and wages weakening their ability to repay the loans.
In 2021, parastatals had Sh157 billion of government-guaranteed debt.
Debt is shouldered by taxpayers whenever they fail to repay.
— Nation