Global credit ratings agency Fitch Ratings has cast doubt on Treasury Cabinet Secretary John Mbadi’s strategy to navigate Kenya’s severe debt crunch, questioning whether the country’s ambitious liability management operations can be successfully implemented.
The agency’s assessment, reviewed by The Standard, joins a growing chorus of concern over the country’s fiscal health, putting Treasury mandarins in the spotlight.
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Global credit ratings agency Fitch Ratings has cast doubt on Treasury Cabinet Secretary John Mbadi’s strategy to navigate
Kenya’s severe debt crunch
, questioning whether the country’s ambitious liability management operations can be successfully implemented.
Follow The Standard
channel
on WhatsApp
By Brian Ngugi