UPDATE 3-Kenya’s parliament approves retaining interest rate cap, against IMF wishes
29 Aug UPDATE 3-Kenya’s parliament approves retaining interest rate cap, against IMF wishes
Posted at 14:37h
in
News
by KMFSLLP
The Kenyan parliament voted on
Thursday to retain the cap on commercial interest rates which
the International Monetary Fund has insisted must be scrapped or
modified in return for a new standby arrangement.
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