Liquidity crunch...all monies already mopped.

Correct, Ericsson.

[quote=MatataMingi]Just look at this report.

https://www.businessdail...rnment-billions-3918168[/quote]
Kenyans are going to be very broke, this is the reality, even ADB, China Exim, IMF and World Bank will run away.

Yes, indeed that is an option, ill advised though.
Serious investors will, however, be looking at NET returns.
Raising taxes will not achieve anything.
The current government has buried themselves in a debit crises.
Things are looking really bad, for the incoming President, whoever it maybe.

This is sensationalism.
Rise in interest rates by central banks is NOT unique to Kenya. It is the topic du jour.
Most CBs are are having to raise interest rates to curb inflation.

..................................

Below is an excerpt from WSJ 2 days ago

Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on record. Some economists fear they may go too far if they don’t take into account their collective impact on global demand.

According to the World Bank, the number of rate increases announced by central banks around the world was the highest in July since records began in the early 1970s. On Wednesday, the Federal Reserve delivered its third 0.75 percentage-point increase in as many meetings. This past week its counterparts in Indonesia, Norway, the Philippines, South Africa, Sweden, Switzerland, Taiwan and the U.K. also upped rates.