IMF boss: Why we don't see Kenya defaulting on Eurobond debt

President William Ruto during a meeting with IMF Managing Director, Kristalina Georgieva, on the sidelines of COP27 in Sharma El-Sheikh, Egypt. [PPS]

International Monetary Fund (IMF) managing director Kristalina Georgieva speaks out in a candid interview with The Standard on the state of Kenya's economy, debt default fears and why the IMF "sees light at the end of Kenya's crisis tunnel" amid fear of economic collapse and a spiralling cost of living.

Ms Georgieva spoke during a media roundtable on Thursday in-between her busy tour of Nairobi as the IMF revealed that Kenya stands to get an additional $300 million (Sh41 billion) from the IMF when it completes its mission review next week.

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