Kenya’s tax revenue grew by 10% to 1.05 tln shillings in the six months through December, reaching 42% of the full-year target of 2.495 trillion shillings. The government spent 57% of its earnings on public debt repayment. Foreign loans and grants totaled 78.5 bln shillings, compared to a full-year target of 849.8 bln. Kenyan officials also confirmed plans to repay the 67.4 bln shilling loan from Exim China for a railway project, with 99.96 bln shillings budgeted for debt redemption and 51.9 bln in interest payments to Exim Bank of China for FY24.