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Kenya maintains brave face as IMF sounds debt default bell

The International Monetary Fund (IMF) maintains Kenya is among countries with a high risk of debt default, even as the National Treasury puts up a brave face.  In its latest Global Financial Stability Report, the lender says at least 60 per cent of low-income countries are in debt distress with some already in default.

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by The Star

News13 October 2022 - 15:52
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The International Monetary Fund (IMF) maintains Kenya is among countries with a high risk of debt default, even as the National Treasury puts up a brave face. 

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