NAIROBI (Reuters) – COVID-19 has exposed Kenya’s debt vulnerabilities though official measures including monetary policy easing have helped shield the economy from the impact of the pandemic, the International Monetary Fund (IMF) said late on Friday. The Fund said it hoped a deal on a new lending facility for Kenya could be presented to its board in early 2021, noting that economic activity in the East African country was starting to pick up despite a drag from sectors such as tourism. Measures including lowering interest rates, letting lenders restructure some loans, targeted tax cuts, and programmes to help vulnerable families had “played an important role in cushioning the impact on the e
Hence then, the article about covid 19 exposed kenya s debt vulnerability though measures helped imf was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( COVID-19 exposed Kenya’s debt vulnerability though measures helped – IMF )