The growth of Kenya’s debt burden tracing back to independence10, Jun 2021Kenya is edging closer to a position of debt distress, according to both the world bank and IMF which reviewed Kenya’s risk from moderate to high. Further, the parliamentary budget office, warns that Kenya could surpass its current debt ceiling of 9 trillion shillings by 2023. Our parliamentary reporter Patrick Amimo traces the growth of Kenya’s debt burden tracing back to independence.
Source: Standard Digital June 10, 2021 20:03 UTC