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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
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
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
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
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
Kenya will delay the drawdown of a $1.5 billion loan from the UAE to align with its fiscal budget. The decision comes as the country faces increased debt service costs. …
Kenya Defers $1.5 Billion UAE Loan Withdrawal to Align with Budget Needs Read More
Kenya will delay accessing a $1.5 billion loan from the UAE to align with its budget. Finance Minister John Mbadi indicated that ongoing negotiations with the IMF are a priority …
Kenya Delays Drawdown on $1.5 Billion UAE Loan to Align with Fiscal Plans Read More
Kenya is delaying the drawdown of a $1.5 billion UAE loan to align with its fiscal plans amidst rising debt service costs. Minister John Mbadi noted the government is assessing …
Kenya Delays $1.5 Billion UAE Loan to Align with Fiscal Strategy Read More
Kenya has secured a KSh194 billion Eurobond loan to manage its debt, with a interest rate of 9.5%. With an oversubscription of KSh646 billion from investors, the funds will refinance …
Kenya Secures New KSh194 Billion Eurobond Loan to Manage Debt Read More
Kenya is obligated to repay Ksh.161 billion in debt by October, including Ksh.116 billion from Eurobonds and Ksh.952 million from syndicated loans. Immediate payments totaling Ksh.123 billion are due, while …
Kenya Faces Ksh.161 Billion Debt Obligation by October, Says CS Mbadi Read More