Skip to main content

China now owns more than 70% of Kenya’s external debt

Kenya’s public debt load recently surpassed the 5 trillion shillings mark ($50 billion), renewing questions over the government’s borrowing binge, how it would show the proceeds in terms of economic growth, and whether it could repay these loans in the long run.  Read more.

Comments

Popular posts from this blog

Bernie Sanders Introduces Bill to Expand Social Security

In an effort to strengthen one of the nation's most popular programs as the GOP pushes for cuts, Sen. Bernie Sanders (I-Vt.) and several congressional Democrats on Wednesday introduced the Social Security Expansion Act to ensure that seniors can retire in dignity and "everyone with a disability can live with the security they need."  REad more.