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Kenya’s doublespeak: Words to hoodwink the market, actions to please the IMF

By Dominic Omondi and Otiato Guguyu | 7yrs ago

National Treasury & Planning Cabinet Secretary Henry Rotich [The Standard]

Kenya’s decision to let go of the International Monetary Fund’s $989 million (Sh100 billion) Stand-By Arrangement (SBA) puts the country in an awkward position.

The market was treated to two conflicting signals that are likely to shape debate in coming weeks.

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Related Topics

International Monetary Fund Kenya Stand-By Arrangement Central Bank of Kenya Uhuru Kenyatta Value Added Tax Eurobond Prospectus Dr Thugge National Treasury Principal Secretary Kamau Thugge Kamau Thugg

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