IMF raises Kenya's risk of debt distress to high from moderate
- Country:
- Kenya
The International Monetary Fund has raised Kenya's risk of debt distress to high from moderate due to the impact of the coronavirus crisis, it said in an assessment published on Tuesday.
"The risk of debt distress has moved to high from moderate due to the impact of the global COVID-19 crisis which exacerbated existing vulnerabilities," the fund said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- International Monetary Fund
- Kenya
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