Kenya's economy, international debt within acceptable levels, says IMF

IMF Country representative Armando Morales addressing the press after International Monetary Fund meeting in Nairobi PHOTO: BEVERLYNE MUSILI/STANDARD

NAIROBI: Kenya's economy is not all doom and gloom, after all. According to the International Monetary Fund (IMF), the country's growth prospects and debt/gross domestic product (GDP) ratio are within acceptable levels.

IMF further asserts that Kenya's current and projected growth prospects are better than those of her peers in the sub-Saharan African region.