IMF warning raises stakes for Kenya’s Ksh1.7T debt bill

Election

Source: People DailyBy Aloys Michael👁 1 views

Originally published by People Daily — Read the original article →

Election process

Kenya faces a major debt refinancing test before June 2027, with Ksh1.7 trillion in public debt due within a year as the International Monetary Fund (IMF) warns that rising global borrowing costs could make it harder for heavily indebted governments to manage their finances. The amount represents 12.7 per cent of Kenya’s Ksh13.2 trillion public […]


Author: Aloys Michael
Source: People Daily

Read Full Article at People Daily

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