Eurobondage: Please, don't take more than Sh300bn in new issue
Kenya is stuck on the external debt treadmill and is firmly in the grip of ‘Eurobondage’.
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Kenya is stuck on the external debt treadmill and is firmly in the grip of ‘Eurobondage’.
Kenya has six outstanding international sovereign bond issuances with maturities spread between 2024 and 2048.
Economists and social scientists outline four scenarios that will be influenced by the actions the country takes today.
According to Treasury data, share of IMF funding to total multilateral loans has risen from 7.39 percent to 12.64 percent over the period.
Some lawmakers express fear for their political survival, citing hostility over their association with government’s unpopular policies.