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Kenya: Court Adjourns Sh63 Billion Graft Case Against Former Finance CS Henry Rotich
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Court Adjourns Sh63bn graft case against former Finance CS Henry Rotich
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In our series of letters from African journalists, Kenyan broadcaster Waihiga Mwaura looks at the anxiety in his country over its growing debt levels.
In many countries the willingness of global institutions, like the International Monetary Fund (IMF), to beef up the state coffers with a loan is seen as a sign of approval.
It shows that the economists in far away Washington have confidence that the country can afford and properly manage the interest payments.
But this is not how some Kenyans see things - they do not want the IMF to give the country any more money.
‘Please don’t lend Kenya more money’ © Getty Images
In our series of letters from African journalists, Kenyan broadcaster Waihiga Mwaura looks at the anxiety in his country over its growing debt levels. © BBC
In many countries the willingness of global institutions, like the International Monetary Fund (IMF), to beef up the state coffers with a loan is seen as a sign of approval.
It shows that the economists in far away Washington have confidence that the country can afford and properly manage the interest payments.
But this is not how some Kenyans see things - they do not want the IMF to give the country any more money.
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