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Tag: JOHN MBADI

Companies

Kenya Introduces 2025 Medium-Term Debt Strategy to Enhance Debt Management

March 27, 2025March 27, 2025 - by Marcus Chen - Leave a Comment

Kenya has launched the 2025 Medium-Term Debt Strategy to enhance public debt management by minimizing costs, reducing risks, and ensuring sustainability. The strategy targets a lessening of Treasury bills, a …

Kenya Introduces 2025 Medium-Term Debt Strategy to Enhance Debt Management Read More
Companies

Kenya’s Debt Relief Possibility Through Corruption Reduction and Governance Reform

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Kenya could potentially settle its external debt by reducing corruption by 50%. Treasury CS John Mbadi asserted that curbing daily graft losses could save the country Sh365 billion annually. He …

Kenya’s Debt Relief Possibility Through Corruption Reduction and Governance Reform Read More
Companies / economics

Treasury CS Mbadi Reiterates Continued Borrowing Amid Mt. Kenya’s Debt Crisis

March 19, 2025March 19, 2025 - by Marcus Chen - Leave a Comment

Kenyan Treasury CS John Mbadi announced that the government will not stop borrowing despite a current debt of Sh11.2 trillion and a debt-to-GDP ratio exceeding the sustainability threshold. He defended …

Treasury CS Mbadi Reiterates Continued Borrowing Amid Mt. Kenya’s Debt Crisis Read More
Business / Companies / economics

Kenya Pursues New IMF Lending Program Amid Rising Debt Challenges

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

Kenya is in talks with the IMF for a new lending program as debt-servicing costs rise and foreign aid declines. Finance Minister John Mbadi confirmed this following a recent loan …

Kenya Pursues New IMF Lending Program Amid Rising Debt Challenges Read More
Business / Companies / economics

Kenya and IMF Initiate Talks for New Lending Programme

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Kenya and the IMF will discuss a new lending programme as they abandon the ninth review of the existing $3.6 billion loan. Rising debt-servicing costs have necessitated continued financial support. …

Kenya and IMF Initiate Talks for New Lending Programme Read More
Companies

Kenya Seeks New IMF Programme Amid Economic Challenges and Rising Debt

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

Kenya has requested a new lending programme from the IMF, abandoning the current one amid rising debt-servicing costs. The total ECF/EFF facility expiring next month is worth $3.6 billion. The …

Kenya Seeks New IMF Programme Amid Economic Challenges and Rising Debt Read More
Companies

Kenya Seeks New IMF Funding After Dropping Existing $800 Million Deal

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

The Government of Kenya is seeking a new IMF funding program after opting not to complete the review of an existing facility worth Ksh103.4 billion. The current $3.6 billion program …

Kenya Seeks New IMF Funding After Dropping Existing $800 Million Deal Read More
Business / Companies / economics

Kenya Pursues New IMF Funding Program Amid Financial Challenges

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Kenya has sought a new funding program from the IMF after discontinuing the final review of an existing agreement to access $800 million. The current program concludes on April 1, …

Kenya Pursues New IMF Funding Program Amid Financial Challenges Read More
Companies

Kenya and IMF Initiate Talks for New Lending Programme Following Loan Review Abandonment

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

Kenya and the IMF have decided to start formal talks on a new lending programme, abandoning the ninth review of the existing $3.6 billion loan. Continuing support is crucial for …

Kenya and IMF Initiate Talks for New Lending Programme Following Loan Review Abandonment Read More
Companies

Kenya Airways to Repay $150 Million to Government by Mid-2025

March 11, 2025March 11, 2025 - by Marcus Chen - Leave a Comment

Kenya Airways will repay USD150 million to the Kenyan government by mid-2025 due to a shareholder loan agreement. The Treasury had to settle this amount after banks rejected bond repayments, …

Kenya Airways to Repay $150 Million to Government by Mid-2025 Read More

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