Kenya eyes more debt relief in economic revival strategy

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Treasury Cabinet Secretary Ukur Yatani. FILE PHOTO | NMG

Kenya is keen on applying for an extension of the debt repayment relief from rich countries to free up cash to support economic recovery and bolster dollar reserves, the Central Bank of Kenya Governor Patrick Njoroge said on Thursday.

The Treasury in January secured deals to suspend debt service with the Paris Club of countries and other creditors, including China, covering the six months through June 2021.

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