Want to create an interactive transcript for this episode?
Podcast: Moody's Talks - Emerging Markets Decoded
Episode: Kenya protests highlight transmission of social risk to sovereign creditworthiness
Description: The opposition to proposed tax hikes impedes the government’s ability to increase revenue and reduce debt. Similar risks exist for other emerging market sovereigns too.Guest: David Rogovic, Vice President - Senior Credit Officer, Sovereign Risk Group, Moody’s RatingsHost: Scott Phillips, Head of Emerging Markets, Credit Strategy and Research, Moody’s RatingsRelated Research:Moody's Ratings downgrades Kenya's ratings to Caa1; maintains negative outlookGovernment of Kenya: Protests against Finance Bill's tax measures challenge government's fiscal consolidation strategyGovernment of Kenya: Kenya's IMF agreement bolsters short-term liquidity; fiscal consolidation is key to imp...