×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

How Foreign Affairs CS Amina Mohamed can help tame debt

Foreign Affairs CS Amina Mohamed

Foreign Affairs Cabinet Secretary Amina Mohamed holds the key to Kenya’s economic future in the wake of the country’s growing debts — local and foreign.

According to the International Monetary Fund’s Regional Economic Outlook for sub-Saharan Africa, Kenya’s public debt has grown from Sh1.8 trillion in 2013 to Sh4.5 trillion as of September this year. The country’s ratio of debt to Gross Domestic Product (GDP) increased from 44 per cent in 2013 to 52.6 per cent last year.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in