Kenya is headed for IMF’s bitter pill

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National Treasury building. FILE PHOTO | NMG

On Monday, the Paris Club of international creditors said it had accepted a request from Kenya for a debt-servicing suspension from January to the end of June.

We have told the world that we will be devoting the resources freed up by this action by our bilateral creditors to increase spending on health, and on mitigating the economic and social impact of the Covid-19 crisis.

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