Nation | by Peter Mburu
Kenya should not increase its budget if it hopes to recover from the effects of the Covid-19 pandemic and support the health system, the International Monetary Fund (IMF) has said.
The Fund cautioned Kenya against relying on public debt to finance its budget, advising it to live within its means. This comes when the country’s public debt has become a headache to the health system and general economy.
IMF spokesman Gerry Rice said the Covid-19 pandemic has increased Kenya’s debt vulnerability.
