Is Chinese Debt the Reason Kenya wants to Raise Taxes? | Vantage on Firstpost

Описание к видео Is Chinese Debt the Reason Kenya wants to Raise Taxes? | Vantage on Firstpost

Is Chinese Debt the Reason Kenya wants to Raise Taxes? | Vantage on Firstpost

Kenya is suffering through a debt crisis. Years of loans from multiple lenders has made Kenya's debt burden unsustainable. The Kenyan government wanted to raise taxes to create a war chest so it would be ready to repay loans, like the $1.2 billion it needs to give China over the next fiscal year.

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China | Kenya | Debt Crisis | Protests | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#kenya #debtcrisis #china #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

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