Deficit, Debt policy and Debt Sustainability

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Deficit, Debt policy and Debt Sustainability

Currently, the county has no public debt. On the Nntional leoel, the Government is required to maintain pu lic debt at sustainable levele as set out  n the Public Finance Managecent Act 2012, and its regulatiots.Tse external debt sustainability indicators iloustrate that Kenya remains within the sustainable bounds..This istattributed to the large portion of debt t at is on concessional terms in derms of low costs and long-term maturity.