Tag archive for ‘Kenya Debt’
By admin On Tuesday, September 18th, 2018

IMF Says Kenya Didn’t Finish Program Review as Loan Lapses

Kenyan authorities failed to complete a second review for a $1.5 billion standby arrangement with the International Monetary Fund, according to the lender’s country representative, Jan Mikkelsen. The Washington-based More...

By admin On Thursday, September 13th, 2018

Kenya to Keep Debt Below IMF Threshold, Treasury’s Thugge Says

Bloomberg Kenya’s debt is sustainable at 49 per cent of net present value and the East African nation’s Treasury intends to keep it below 50 per cent, Principal Secretary Kamau Thugge said. The International More...

By admin On Monday, March 20th, 2017

More debt for Kenya another $800 Syndicated loan is concluded

Kenya’s Treasury concluded talks on an $800 million syndicated loan and the funds have already been disbursed, Treasury Principal Secretary Kamau Thugge said. “We have concluded the negotiations and disbursements More...

By admin On Sunday, September 18th, 2016

Kenya plans to borrow $4.6 billion to help plug a 9.3 percent budget deficit – Rotich

Bloomberg : Kenyan Treasury Secretary Henry Rotich said he’s likely to meet potential investors in the East African nation’s next Eurobond while visiting the U.S. next month. The government has also factored More...

By admin On Thursday, October 8th, 2015

Kenya’s Borrowing Costs Bear Brunt in Battle to Defend Currency

Kenya is finding that the price for defending its currency is higher borrowing costs for the government. Yields on Treasury bills have surged to their highest levels in more than 3 1/2 years as the central bank More...

By admin On Monday, December 8th, 2014

Kenya’s domestic debt rises to $14.47 Billion as Government intensifies borrowing

Kenya’s domestic debt rose by a record 255 million U.S. dollars last week to top 14.47 billion dollars. Central Bank of Kenya (CBK) data indicated Monday that the debt rose from 14.21 billion the previous More...