KENYA: PARLIAMENT APPROVES RETAINING INTEREST RATE CAP AGAINST IMF WISHES

NAIROBI — The Kenyan parliament voted on Thursday to retain the cap on commercial interest rates which the International Monetary Fund has insisted must be scrapped or modified in return for a new standby arrangement.Lawmakers also voted to delay a pr…

"KENYA: PARLIAMENT APPROVES RETAINING INTEREST RATE CAP AGAINST IMF WISHES"

KENYA: PARLIAMENT APPROVES RETAINING INTEREST RATE CAP AGAINST IMF WISHES

NAIROBI — The Kenyan parliament voted on Thursday to retain the cap on commercial interest rates which the International Monetary Fund has insisted must be scrapped or modified in return for a new standby arrangement.Lawmakers also voted to delay a pr…

"KENYA: PARLIAMENT APPROVES RETAINING INTEREST RATE CAP AGAINST IMF WISHES"