Kenya Set to Borrow Kes 1 Trillion as Budget Deficit Widens
Ordinary revenues are now projected to decline by Kes 28 billion to Kes 1.60 trillion in the current financial year.
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Tag: Eurobond
Banks Warn Debt “Forgiveness” could Hurt African Nations
When you go to the market to borrow money, the market is looking at your current and past behavior
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Fitch Revises Kenya’s Outlook to Negative; Affirms at ‘B+’
The revision of the Outlook on Kenya's IDRs reflects Fitch's view that the coronavirus shock will drive a sharp economic ...
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Lebanon to default on Sovereign debt for the First Time.
The announcement followed a meeting between the president, prime minister and senior financial officials earlier in the day
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