Kenya is Facing Liquidity Crisis: Expert Explains What This Mean
Government liquidity reflects a country's adaptability in fulfilling financial commitments and without cash flow, Kenya could default on existing loans.
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Government liquidity reflects a country's adaptability in fulfilling financial commitments and without cash flow, Kenya could default on existing loans.
Energy CS Davis Chirchir warned Kenyans to brace for tough times ahead, projecting an increase in prices of petroleum products due to Isareli-Hamas war.
Deputy President Rigathi Gachagua claimed that the crisis emanating from the Israeli-Hamas war will have a negative impact on Kenya's petroleum product prices.
Across the East African region, Kenyans are paying the highest prices for fuel following the implementation of the Finance Act 2023. Tanzanians pay the lowest.
William Ruto's administration signed a nine-month deal with international oil producers to import oil on credit, to ease dollar pressure on the Kenya shilling.