The DSSI (6 months repayment holiday) is just a pain killer. Dawanol. For immediate liquidity needs. It does not address debt sustainability problems. Next step is debt restructuring (a must). And that will require debt sustainability analysis (DSA) by IMF & straight to their ICU

What will be painful for GoK and anyone that signs for the DSSI is the level of disclosures required. Treasury used to publish some high level debr disclosures (kuanika shirts nje). Now IMF will require that GoK anikas underwear kwa clothesline ya neighbouring plot. Painful

Another minus is you may not be allowed to borrow from commercial sources. Logic? We can't give you a repayment holiday alafu uvae suit and tie pretending wewe ni mdosi and walk into a bank to borrow at commercial rates.

Your expenditures are also monitored. You can't use the fiscal space created (amount of repayment holiday) to do whatever you want. Huwezi uliza landlord for rent postponement alafu utumie the rent that you would have paid to go drink toivi at Kuhura Kanua bar in Muimuto.

Looking forward to the supplementary budget ya next month. To see if after asking to postpone 73 billion repayments, we would use that fiscal space to take Chebukati and his boys out for a drink to Kuhura Kanua. IMF is watching. BTW, any breach of DSSI terms means you pay in full