Kenya seeks debt relief from China as railway loan deadline looms

Kenya is seeking debt relief from China to help it cope with a coronavirus-fuelled economic slump, as the first repayment on a loan for a railway under Beijing’s Belt and Road Initiative comes due this week.The Chinese embassy in Nairobi confirmed that negotiations on suspending Kenya’s debts were ongoing. The East African nation has already received just over US$300 million in debt relief from the Paris Club, an informal group of creditors that aids borrowers in distress, under the G20-led…

This post was originally published on South China Morning Post.

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Jevans Nyabiage | radiofree.asia (2024-04-29T02:11:14+00:00) » Kenya seeks debt relief from China as railway loan deadline looms. Retrieved from https://radiofree.asia/2021/01/19/kenya-seeks-debt-relief-from-china-as-railway-loan-deadline-looms/.

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Jevans Nyabiage | radiofree.asia Tuesday January 19, 2021 » Kenya seeks debt relief from China as railway loan deadline looms., viewed 2024-04-29T02:11:14+00:00,<https://radiofree.asia/2021/01/19/kenya-seeks-debt-relief-from-china-as-railway-loan-deadline-looms/>

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Jevans Nyabiage | radiofree.asia - » Kenya seeks debt relief from China as railway loan deadline looms. [Internet]. [Accessed 2024-04-29T02:11:14+00:00]. Available from: https://radiofree.asia/2021/01/19/kenya-seeks-debt-relief-from-china-as-railway-loan-deadline-looms/

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" » Kenya seeks debt relief from China as railway loan deadline looms." Jevans Nyabiage | radiofree.asia - Accessed 2024-04-29T02:11:14+00:00. https://radiofree.asia/2021/01/19/kenya-seeks-debt-relief-from-china-as-railway-loan-deadline-looms/

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" » Kenya seeks debt relief from China as railway loan deadline looms." Jevans Nyabiage | radiofree.asia [Online]. Available: https://radiofree.asia/2021/01/19/kenya-seeks-debt-relief-from-china-as-railway-loan-deadline-looms/. [Accessed: 2024-04-29T02:11:14+00:00]

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» Kenya seeks debt relief from China as railway loan deadline looms | Jevans Nyabiage | radiofree.asia | https://radiofree.asia/2021/01/19/kenya-seeks-debt-relief-from-china-as-railway-loan-deadline-looms/ | 2024-04-29T02:11:14+00:00

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