×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

Debt load sees Kenya's Treasury turn to regional bank for rescue

Members of the public watch as the first Standard Guage Railway (SGR) line passenger train snails out of the Mombasa Terminus Station

As the year comes to a close, Kenya is inching closer to settling its first Eurobond that has seen the money markets closely watch Treasury’s moves.

While Kenya’s Sh5.1 trillion loan is not a problem, the crisis seems to stem from most debts maturing at the same time or close to each other.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • 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