Kenya: Government Confirms Privatization, Securitization Plans To Curb Deficit, Finance Infrastructure

Kenyan Finance Minister John Mbadi said Kenya's fiscal consolidation efforts "can't be pushed further" and that the government would instead seek to reduce the country's fiscal deficit by advancing privatization efforts, including through the planned sale of 149 billion shillings ($1.2 billion) in state-owned companies this fiscal year, Bloomberg reported on Aug. 11....