The Kenyan central bank’s Monetary Policy Committee will hold its next rate-setting meeting on May 27, it said on Friday.
At its April meeting, the bank cut its benchmark lending rate to 7.0% from 7.25%, saying action to cushion the…
The International Monetary Fund has raised Kenya’s risk of debt distress to high from moderate because of the impact of the coronavirus crisis, the IMF said in an assessment published on Tuesday.
The East African nation’s debt stood at…
