The current debt stock for Kenya is estimated to range above Kshs. 9.4 trillion. Required: a) Discuss the repercussion of this debt to the economy b) Would you advocate for domestic borrowing or foreign sources of loan? Discuss this comprehensively

Economics: Private and Public Choice (MindTap Course List)
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Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter15: Macroeconomic Policy, Economic Stability, And The Federal Debt
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The current debt stock for Kenya is estimated to range above Kshs. 9.4 trillion. Required: a) Discuss the repercussion of this debt to the economy b) Would you advocate for domestic borrowing or foreign sources of loan? Discuss this comprehensively
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