By KEVIN MWANZAMore by this AuthorThe International Monetary Fund (IMF) has cautioned that Kenya’s rising debt levels need to be contained to cushion the economy from unplanned shocks. Kenya's public debt has been on an upward trend in recent years, rising to Sh4.4 trillion by the end of September from less than a trillion shilling in mid-2014. Political stability“We still do see growth in the Kenyan economy quite resilient. The representative said an IMF mission will be visiting Nairobi in mid-December to review its programmes with the government. The IMF has stand-by arrangement and a standby credit facility worth a total $1.5 billion that the Kenyan government can withdraw from in case of any significant external shocks.

Source: Daily Nation November 21, 2017 13:41 UTC