Kenya’s Ballooning National Debt Explained

The coming into effect of the 16% Value Added Tax (VAT) on petroleum products in early September has ignited a nationwide debate on Kenya’s increasing debt which is both internal as well as external. As part of a continued series of conversations on Kenya’s economic outlook, Africa Uncensored’s John-Allan Namu sat down with the CEO of the Institute of Economic Affairs (IEA), Kwame Owino, to get a breakdown of the country’s debt position from the perspective of a 14-year-old.

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