In June 2023 interview with Bloomberg
He said Kenya was to buy back half of Kenya's $2B Eurobond this year.
In November 2023 state of the nation address
He said Kenya to pay back $300m of $2B Eurobond in December
Two things as of today:
1. In June the talk was paying up $1B but in November it was reduced to $300m
2. No payment on principal will be made this December.
What causes the U-turn?
He said Kenya was to buy back half of Kenya's $2B Eurobond this year.
In November 2023 state of the nation address
He said Kenya to pay back $300m of $2B Eurobond in December
Two things as of today:
1. In June the talk was paying up $1B but in November it was reduced to $300m
2. No payment on principal will be made this December.
What causes the U-turn?
