×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Kenya credit rating upgrade set to boost Treasury debt strategy

National Treasury Building. [File., Standard]

In a significant boost for the Kenya Kwanza government, global ratings agency Moody's Investors Service has upgraded the country's credit outlook from negative to positive.

This change announced yesterday reflects improvements in debt affordability and a reduced likelihood of liquidity risks by Kenya, the agency said.

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