中文字幕无码久久人妻_中国无码a一级刺激片_国产综合色产在线观看_色多黄片资源2020

Kenya's public debt level is sustainable, says AfDB

Source: Xinhua| 2018-07-21 02:03:25|Editor: yan
Video PlayerClose

NAIROBI, July 20 (Xinhua) -- Kenya's public debt level is sustainable as a result of prudent macroeconomic policies, a pan-African bank said on Friday.

Akinwumi Adesina, the president of the African Development Bank (AfDB), told journalists in Nairobi that Kenya's public debt currently stands at approximately 54 percent of the Gross Domestic Product.

"Kenya is currently not under any risk of debt distress," Adesina said during a meeting with Henry Rotich, Kenya's Cabinet Secretary in the National Treasury.

Adesina noted that AfDB has been providing financial assistance to Kenya since 1967 and its current portfolio of projects in the East African nation stands at 3.1 billion U.S. dollars.

The president noted that AfDB has now emerged as the second largest financier of projects in Kenya.

The pan African Bank is currently in discussions to fund a number of projects in Kenya in the water, sanitation as well as in the technical training sectors.

Adesina revealed that the bank will ensure that going forward its spending is aligned to Kenya's big four development agenda of universal healthcare, food security, manufacturing and affordable housing.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521373384341