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Treasury admits deal with Gulf oil firms a flop

Treasury admits deal with Gulf oil firms a flop
Economy

Treasury admits deal with Gulf oil firms a flop


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GRAPHIC | CHRISPUS BARGORETT | NMG

The oil supply deal Kenya signed with three State-owned Gulf companies last year to tackle challenges related to the scarcity of dollars has failed to ease the foreign exchange pressures on the country as expected, the Treasury has admitted. In disclosures to the International 

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