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Kenya's Eurobond headache as buyback plan falters

All eyes are on Kenya, especially after a recent default by Ethiopia

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by The Star

Kenya02 January 2024 - 16:15
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Treasury cabinet secretary Njuguna Ndungú answers questions when he appeared before the finance and National planning committee in parliament on November.7th.2023

Kenya is now awaiting a series of loans from the International Monetary Fund (IMF), World Bank and Trade Development Bank (TDB) to execute a Eurobond buyback plan, which had earlier been planned for December.

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