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Many African countries, Kenya included are heavily indebted at the moment. Kenya owes about 14 trillion shillings, which is about 72% of our GDP. Half of this tax is domestic debt (denominated in Kenya Shillings), and the other half is foreign currency denominated (USD). What are our options,...

In the final episode of this series, Kwame Owino joins us to discuss the misspecification of the IMF program for Kenya and what can be done moving forward. We look at the design flaws, the lack of flexibility, and the lack of understanding of our social and economic context that culminated in the...