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Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond
By Kepha Muiruri, 1512, February 13, 2021 (EAT)
National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...

2021 Budget Policy Statement (BPS) , CS Ukur Yatani , Kenya's debt , National Treasury
Kenya’s debt repayment costs jump by Ksh53.7B
By Kepha Muiruri, 1432, February 12, 2021 (EAT)
Kenya’s debt repayment costs in the year ending on June 30 have shot up by Ksh.53.7 billion in spite of relief on external repayments. According ...

debt , Treasury , Yatani
Kenya adds Ksh.1.2T to debt stock in 2020
By Kepha Muiruri, 1549, February 1, 2021 (EAT)
Kenya added Ksh.1.2 trillion to its debt portfolio in 2020 as the country’s stock of debt hit Ksh.7.3 trillion in December from Ksh.6 trillion a yea...

coronavirus , debt
Kenya seeks Ksh.154B World Bank, IMF loans
By Kepha Muiruri, 1805, January 27, 2021 (EAT)
Kenya is hoping to raise Ksh.154 billion in debt from the World Bank and the International Monetary Fund (IMF) before the end of June this year. Th...

International Monetary Fund (IMF) , Kenya debt , World Bank
China allows Kenya to skip Ksh.27B in debt repayments
By Kepha Muiruri, 1451, January 20, 2021 (EAT)
Kenya’s top creditor China has allowed Kenya to skip Ksh.27 billion in debt repayments falling due between January and June this year. The freeze...

china , debt
Debt pain as interest payments now eat up 30pc of revenues
By Kepha Muiruri, 1645, January 19, 2021 (EAT)
For every 100 shillings in tax collected, the government is channelling 30 shillings towards interest repayments on debt as Kenya’s debt pressure ti...

debt , IMF
Cash-strapped Treasury now faces highest domestic debt servicing costs
By Kepha Muiruri, 1833, January 15, 2021 (EAT)
A cash-strapped National Treasury is now facing its highest domestic debt servicing costs in the 2020/21 financial year. The exchequer is expected ...

domestic borrowing , National Treasury
Kenya misses out on full debt service suspension slice
By Kepha Muiruri, 934, January 13, 2021 (EAT)
The government has come under scrutiny for failing to take full advantage of opportunities presented by the Debt Service Suspension Imitative (DSSI). ...

debt , Debt Service Suspension Imitative (DSSI) , Treasury
After sitting on the fence, Kenya takes up debt-suspension offer
By Kepha Muiruri, 1839, January 11, 2021 (EAT)
Kenya has agreed to take up the debt service suspension initiative (DSSI) after tiptoeing around the deal for months. The Paris Club which represen...

debt service suspension initiative (DSSI) , Kenya's debt , National Treasury
Kenya seeks three and a half year access to IMF emergency loans
By Kepha Muiruri, 1054, November 21, 2020 (EAT)
Kenya is in deep talks with the International Monetary Fund (IMF) over the access of emergency bail out loans over the next three and a half years, th...

CS Ukur Yatani , debt , International Monetary Fund (IMF) , National Treasury
Kenya plans to defer Ksh.75B in debt payments under G20 coronavirus initiative
By Reuters, 1009, November 19, 2020 (EAT)
Kenya has changed its mind about a G20 coronavirus debt relief initiative it declined to join earlier this year. The country is now planning to def...

coronavirus , G20 Debt Service Suspension Initiative , Ukur Yatani