Business Daily | by Otiato Guguyu
The Treasury is seeking for an extension of public debt repayment moratorium from rich countries beyond the June deadline, arguing that poor nations are yet to recover from the Covid-19 pandemic.
In January, Kenya secured deals to suspend debt service with the Paris Club of countries and other creditors, including China, covering the six months to the end of June this year.
Now, Treasury Cabinet Secretary Ukur Yatani has asked richer nations to extend the relief for another year to ease budget deficits…
