IMF Says China Not to Blame for Kenya's Debt Burden
According to IMF debt owed to China has not been the principal contributor to the region's public debt surge.
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According to IMF debt owed to China has not been the principal contributor to the region's public debt surge.
The reports exposed how Chinese hackers had targetted key government institutions and agencies.
Thursday, May 18, 2023 – China has denied claims it had trapped Kenya and other African countries with debt. In a statement, Chinese Foreign Affairs Ministry Spokesperson Wang Wenbin argued that China was a supportive partner in rescuing all African countries from poverty. "China is not the source of debt trap for African countries, but a…
China's explanation came after David Ndii revealed that Kenya could still pay its loans.