Tag: fragile five
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It Can Be Hard to Tell If Kenya Is Managing Its Debts Well or If It’s In Danger of Debt Distress… Or Both
Confusing, even contradictory messages have been coming out over the past week about Kenya's debt sustainability. On the one hand, the Treasury is reporting that debt servicing obligations have fallen by $634 million, including to the China Exim Bank, due to deferrals and repayments ...