Spotlight KENYA Finance Issue dated 15/04/2021

Kenyatta remains coy about new loans

Kenyan President Uhuru Kenyatta.
Kenyan President Uhuru Kenyatta. © @StateHouseKenya/Twitter
The Treasury secretary Ukur Yatani has officially asked the World Bank for further financial assistance, while the IMF has approved a new eurobond. A new loan of $750m has just been announced, but in reality the country hopes to borrow a great deal more than that. [...] (329 words)
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