Kenya takes steps to improve credit ratings: Treasury

NAIROBI, Aug. 26 (Xinhua) -- Kenya said Monday that it is actualizing its fiscal consolidation, bettering export performance, and expanding foreign reserves to improve its sovereign credit ratings.

The National Treasury said in a report that the activities will make the East African nation graduate to investment grade (BBB-) and attract cheaper debt from global markets.

The Standard & Poor's (S&P) on Satu