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In the late 90’s Government of Kenya focused on external borrowing to finance the budget. Until 2007 the external debt … was the largest component of the public and publicly guaranteed debt. Kenya has approached the Paris Club of creditors … 2004. Kenya has also received a debt relief from the London Club creditors in 1998 and in 2002-03 …
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The IMF and World Bank have been focusing on strengthening capacity in low-income countries (LIC), this comprised of developing a toolkit to help LIC formulate an effective Medium Term Debt Management Strategy (MTDS) among other programs. The aim was to enable the LICs develop an effective MTDS...
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such a debt rescheduling could constitute an appropriate exit strategy for Kenya. The DSA also shows that debt …
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This paper presents Kenya's Fifth Reviews under the Extended Fund Facility and Extended Credit Facility Arrangements … program are expected to advance Kenya's already strong record of accomplishment at addressing climate-related challenges … emissions through carbon pricing, enhance Kenya's existing frameworks to mobilize climate finance; and strengthen disaster risk …
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