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The fund is an ambitious, complex and unorthodox approach to boosting financial inclusion and providing credit to citizens and small businesses, but it is not uncontroversial.
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DOI: 10.1108/OXAN-DB279329
ISSN: 2633-304X
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KENYA: Debt default will add to railway furore
Chinese creditors now look set to waive debt payments due between May 2020 and June 2021, when the G20's Debt Service Suspension Initiative (DSSI) currently expires, although…
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DOI: 10.1108/OXAN-DB257977
ISSN: 2633-304X
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KENYA: Fiscal positions could face multiple pressures
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DOI: 10.1108/OXAN-ES217428
ISSN: 2633-304X
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The bill would also introduce sweeping consumer protection measures to prevent high-interest loans but takes no steps to repeal or modify interest rate caps imposed in 2016 as a…
However, Kenya's wider economic prospects are buoyant, underlined by the IMF's robust 6.0% GDP growth forecast for 2016 and 6.1% in 2017.