World Bank says Kenya’s debt is higher after new calculations

The World Bank Group has revised Kenya’s public debt assessment, adding Sh588 billion in securitised revenues and verified pending bills to the country’s debt stock, a move that paints a heavier debt burden than reflected in official government records. In… The World Bank Group has revised Kenya’s public debt assessment, adding Sh588 billion in securitised revenues and verified pending bills to the country’s debt stock, a move that paints a heavier debt burden than reflected in official government records. In…