Policy analyst Billy Mijungu outlines strategies for Kenya to manage its debt and strengthen economic resilience, including reinstating a fixed debt ceiling.
In Kenya, we run that risk because the interest rates have gone up; we could use expensive debt to pay off cheaper debt. The debt ceiling has become a hot potato in the US because of politics.
According to the Auditor General, Kenya’s expense on public debt has ... In 2019, Parliament voted to expand the debt-ceiling to a cap of Sh9 trillion allowing the National Treasury to take ...
NAIROBI, March 26 (Reuters) - Kenya plans to cut its debt to below 55% of its GDP in the next two years, Finance Minister John Mbadi said on Wednesday, as the government awaits the outcome of its ...
Kenya denied on Wednesday it had discussed debt restructuring with China's finance minister after amending a reference in a social media post released in the wake of a meeting between the two ...
Nairobi — Kenya could comfortably settle its external debt obligations if government suceeds in cutting down corruption by half. Treasury Cabinet Secretary John Mbadi made the revelation on ...