By Kimani Chege
From the article:
A few weeks before President Uhuru Kenyatta traveled for a meeting with US president Donald Trump in Washington, sixteen US senators had written to the US Secretary of Treasury and US Secretary to the Department of State asking them to caution them against US tax payers money not being used by IMF to bail out countries indebted to China.
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"We write to express our concern over bailout requests to the IMF by countries who have accepted predatory Chinese infrastructure financing," the 16 senators said. The Centre for Global Development has estimated that of the 68 countries currently hosting Bridge and Road Initiative (BRI) funding protects, 23 are at risk of debt distress, and in eight of those countries, future BRI-related financing raises serious concerns about sovereign debt sustainability.
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