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Treasury CS John Mbadi and PS Chris Kiptoo with the International Monetary Fund team during the 2025 Spring Meetings. [File, Standard]
We live in interesting times. Just as we were busy contemplating the sort of pro-poor, pro-people priorities that the Kenya Kwanza administration might share with the International Monetary Fund (IMF) during their recent visit to discuss a new program, our National Treasury loudly announced that we’ve just refinanced yet another Eurobond (and borrowed 50 per cent more just for good measure).
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