The Standard published on 26 July 2022 an article titled "Forex Reserves Drop by Sh27b after Debt Repayment to China" by Dominic Omondi.
Kenya's Treasury repaid Chinese loans in July totaling $184 million in principal and $142 million in interest, most of it for the standard Gauge Railway from Nairobi to Naivasha. Debt service is putting a strain on Kenya's foreign exchange reserves.
