LOANSAll the while, the Kenyan debt burden is now well over 55 per cent of the GDP. SGR cost Kenyans over Sh300 billion, money borrowed from the Chinese government. AUSTERITYIn the short run, more debt means that the government will be forced to raise taxes to meet its debt obligations. More borrowing means more taxes and fewer jobs. The new debt frontier puts the country on survival mode.

Source: Daily Nation November 17, 2017 16:52 UTC