- Kenya’s debt repayments consume 70% of revenue.
- Election risks cloud IMF talks and investor confidence.
NAIROBI, KENYA – Kenya’s mounting debt burden is testing investor confidence as the International Monetary Fund demands credible fiscal reforms ahead of next year’s general election.
The warning comes ahead of an IMF mission expected in early December for Article IV consultations, the fund’s regular economic assessment, which Nairobi had postponed while pursuing a fresh financing agreement.
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