{"id":304013,"date":"2026-02-22T06:48:09","date_gmt":"2026-02-22T06:48:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/304013\/"},"modified":"2026-02-22T06:48:09","modified_gmt":"2026-02-22T06:48:09","slug":"eurobondage-how-kenya-dug-itself-into-a-cycle-of-borrowing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/304013\/","title":{"rendered":"&#8216;Eurobondage&#8217;: How Kenya dug itself into a cycle of borrowing"},"content":{"rendered":"<p>                                <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/02\/UPUuM9SCdG2ksYUpli2U67yBKoIaoTvDYnD63JUk.jpg\" width=\"800\" height=\"500\"\/><\/p>\n<p class=\"card-text\">The National Treasury Building. [File, Standard]\n<\/p>\n<p>When Kenya issued its first <a href=\"https:\/\/www.standardmedia.co.ke\/business\/business\/article\/2001531019\/kenyas-debt-crisis-deepens-as-treasury-secures-fresh-sh1938b-eurobond?utm_cmp_rs=amp-next-page\" rel=\"nofollow noopener\" target=\"_blank\">Eurobond<\/a> in 2014, economists warned that the country risked entering into a trap that, at best, would keep it treading water for decades, and at worst, dig it deeper into a debt hole over the years.\u00a0<\/p>\n<p>\n                        Bold Reporting Takes Time, Courage and Investment. Stand With Us.\n                    <\/p>\n<p>                    Unlimited access to all premium content<br \/>\n                    Uninterrupted ad-free browsing experience<br \/>\n                    Mobile-optimized reading experience<br \/>\n                    Weekly Newsletters<br \/>\n                    MPesa, Airtel Money and Cards accepted<\/p>\n<p>                                <a href=\"https:\/\/whatsapp.com\/channel\/0029Va0PRAYGk1Fo4ODHAg0b\" rel=\"nofollow noopener\" target=\"_blank\"> Follow The Standard<br \/>\n                                    channel<br \/>\n                                    on WhatsApp<\/a><br \/>\n                                <\/p>\n","protected":false},"excerpt":{"rendered":"The National Treasury Building. [File, Standard] When Kenya issued its first Eurobond in 2014, economists warned that the&hellip;\n","protected":false},"author":2,"featured_media":303684,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,152867,153008,85,46,152868],"class_list":["post-304013","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-eurobonddebt-crisis","tag-external-borrowing","tag-il","tag-israel","tag-kenya-public-debt"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/304013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=304013"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/304013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/303684"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=304013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=304013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=304013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}