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Tag: JOHN MBADI

Business / Companies / economics

CS Mbadi Faces Pressure to Reduce Kenya’s Debt Ratio by 2029

March 4, 2025March 4, 2025 - by Ravi Patel - Leave a Comment

Treasury Secretary John Mbadi faces demands to lower Kenya’s GDP debt ratio to 55% by 2029. The Controller of Budget reports a decrease in public debt from 71.9% in 2022 …

CS Mbadi Faces Pressure to Reduce Kenya’s Debt Ratio by 2029 Read More
Business / Companies / economics

Kenya to Delay Accessing $1.5 Billion UAE Loan for Fiscal Planning

February 28, 2025February 28, 2025 - by Victor Santos - Leave a Comment

Kenya will delay drawing $1.5 billion from a UAE loan to fit its fiscal strategy, according to Finance Minister John Mbadi. The country is also in discussions with the IMF …

Kenya to Delay Accessing $1.5 Billion UAE Loan for Fiscal Planning Read More
Companies

Kenya Delays Accessing $1.5 Billion UAE Loan to Align with Budgetary Framework

February 28, 2025February 28, 2025 - by Maya Chowdhury - Leave a Comment

Kenya will delay drawing from a $1.5 billion UAE loan to align with its budget framework, as stated by Finance Minister John Mbadi. The decision comes amid rising debt service …

Kenya Delays Accessing $1.5 Billion UAE Loan to Align with Budgetary Framework Read More
Companies

Kenya Delays Utilization of $1.5 Billion UAE Loan for Fiscal Alignment

February 28, 2025February 28, 2025 - by Ravi Patel - Leave a Comment

Kenya will postpone the drawdown of a $1.5 billion loan from the UAE to align it with its fiscal framework, as stated by Finance Minister John Mbadi. The country is …

Kenya Delays Utilization of $1.5 Billion UAE Loan for Fiscal Alignment Read More

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