×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Kenya should learn from Ghana's tribulations and stop borrowing

Concept of debt burden. [Getty Images]

In December 2022, the International Monetary Fund (IMF) gave the Kenyan economy a clean bill of health. According to the fund, Kenya showed strong resilience against a turbulent global economic backdrop.

Like many economies in sub-Saharan Africa, Kenya faced tight external financing, surging US dollar, volatile international commodity prices and elevated global uncertainties.

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