G20 derails Kenya’s push for China debt relief deal

Treasury CS Ukur Yatani. FILE PHOTO | NMG

Kenya’s efforts to secure debt relief from China have stalled after Beijing raised concerns about its membership of the group of 20 major economies or G20 that has attached tough conditions for freezing loan repayments by poor nations.

Treasury Cabinet Secretary Ukur Yatani said the talks for debt relief to free up funds to fight the Covid-19 pandemic have delayed on China’s request to strike a deal with Kenya once the G20 debt relief lapses.

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