KENYA: ASSESSING THE COST OF DEBT-FUELLED LEGACY BUILDING

   Wed, 02 December 2020

The prospect of constitutional reform next year is growing as one of the reform’s main rivals endorses an initiative that clears the way for the government to seek new debt-financed funding for infrastructure and industrialisation projects. With debt servicing at almost half of government revenues and the borrowing ceiling fast approaching, Kenya is struggling to secure debt relief from commercial creditors.

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