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Debt shadow clouds Kenya's forthcoming presidential polls | Business and Economy News

Debt shadow clouds Kenya's forthcoming presidential polls | Business and Economy News
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Debt shadow may hang over Kenya's next president

NAIROBI (Reuters) - Kenya s economic output has more than doubled during President Uhuru Kenyatta s 10 years in office, but a debt binge that fuelled growth and investment could cramp his successor s ability to tackle growing hunger and soaring prices. ....

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Sri Lanka's Bailout Slips Further Away as Nation Misses a Leader - Adaderana Biz English

Bloomberg – Investors are shifting their focus to Sri Lanka’s bilateral creditors as the resignations of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe dim prospects for rapid aid from the International Monetary Fund. Global asset managers predict delays in loan disbursements, with Citigroup Inc. economists forecasting payouts not before early 2023. The concern is. ....

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