Loading ...

Blob

Smart Reasoning:

C&E

See more*

Qaagi - Book of Why

Causes

Effects

to hit 60 % of Gross Domestic Product by June 2018 according to Global rating agency Moody ’s Investors Service(passive) is setKenya ’s rising debt

large infrastructure projects such as a new railway line(passive) were caused byKenya 's debt

to rise further in the coming 18 months on the back of a government commitment to increasing spending in the 2015/16 financial year by 10 % year - on - year(passive) are setKenya ’s debt levels

the foreign financing from commercial banks ... IDA ’s concessional financingleadsto an increase in Kenya ’s public debt service

the economy ... concessional financingleadsto an increase in Kenya ’s public debt service

lose(passive) is setKenya ’s public coffers

9 April 2019 13:23 Spending on the Standard Gauge Railway projecthas largely contributedto Kenya 's public debt

the bodiescontributemost to Kenya 's public debt

bleak future - Daily Nationcreatesbleak future - Daily Nation

bleak future ... The common tendency has therefore been to make overly optimistic revenue projects leading to an increased uncertainty of resource flowscreatesbleak future ... The common tendency has therefore been to make overly optimistic revenue projects leading to an increased uncertainty of resource flows

caution from international credit agencies over its sustainabilitytriggeringcaution from international credit agencies over its sustainability

Kenyans to dig deep into their pockets to paywill causeKenyans to dig deep into their pockets to pay

warnings from international agencies such as the IMF ... has for the first time exceed the Sh4.5 trillion mark , reflecting the Jubilee government ’s increasing appetite for loanshas triggeredwarnings from international agencies such as the IMF ... has for the first time exceed the Sh4.5 trillion mark , reflecting the Jubilee government ’s increasing appetite for loans

debate over its sustainabilityhas sparkeddebate over its sustainability

to reach 60 per cent of the country ’s gross domestic product this year — a factor in the ratings agency ’s decision last month to downgrade Kenya ’s creditworthinessis setto reach 60 per cent of the country ’s gross domestic product this year — a factor in the ratings agency ’s decision last month to downgrade Kenya ’s creditworthiness

to rise to 60 per cent of GDP over the next seven monthsis setto rise to 60 per cent of GDP over the next seven months

whose rapid build - uphas triggeredwhose rapid build - up

Blob

Smart Reasoning:

C&E

See more*