IMF Kenya Warning Archives - The China-Global South Project

IMF Warns Kenya Over Risks of Converting Debt to Yuan

The International Monetary Fund cautioned Kenya over the dangers of converting U.S. dollar-denominated loans to new loans priced in Chinese yuan. In October, Kenya announced that it plans to convert the remaining $3.5 billion of debt owed to the China Exim ...

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IMF Warns Kenya Over Risks of Converting Debt to Yuan