The 4th Debt Management Seminar 2019 | ICPAK | 3 July 2019 | Travellers Beach Hotel, Malindi Rd, Mombasa, Kenya

Kenya has increased its stock of public debt over time and the public debt repayments now account for a significant part of the revenue collected. There has been debate about the sustainability of the loans. The Kenyan constitution requires public participation before public resources are spent yet there is not meaningful public engagement for public borrowing. The lending market has become more liberal resulting to mushrooming of many mobile lending applications which have relaxed lending requirements meaning more people who would not otherwise qualify for conventional loans can access such loans.

Further, the regulation of interest rates has led to reduced lending to the private sector as lenders prefer to lend to the government due to their lower risk greatly affecting private sector growth and expansion. In order to manage risks related to lending, regulators have adopted risk-based supervision among other guidelines to improve management of lending institutions. Kenyan lenders have also been engaging in consolidations within the industry with a view to enhance their market share. The effects of such consolidations is yet to be known.

Based on the above ICPAK has organized the 4th Debt Management Seminar with the following thematic areas:

• National debt and devolution
• The role of legislature in public debt management
• Debt-trap diplomacy and Africa’s economic growth
• Debt and financial distress: a look at the Kenyan retail industry
• Credit information sharing and the cost of borrowing: review of the opportunities and challenges
• Re-looking the place of public participation in public debt contracts
• Soft Topic

Who should attend?
National and County Government Officials, Staff from International Organizations, Academia, the Private Sector, Civil Society, Credit Controllers, Debt Collectors, Auditors, Accountants, Professionals involved in Debt and Credit Management, among others.