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    Economic landscape in post-final Eurobond debt payment shocks

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    Blog (235bytes)
    Date
    2024-01-03
    Author
    Odhiambo, Joab Onyango
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    Abstract
    Expect tough economic adjustments as the government prepares to pay $ 2 billion in final interest and principal for the 2014 Eurobond. The impact of the transaction on operations will be immense, what with several fiscal and monetary policies challenged in court. It has been applying the "rob Peter to pay Paul" tactic, which has proved unsustainable with a Sh 11 trillion debt.
    URI
    http://repository.must.ac.ke/handle/123456789/1042
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