Business Daily | by Otiato Guguyu
The International Monetary Fund has pledged to continue loaning sub-Saharan countries into 2021 after the Bretton Woods body hit Sh1.7 trillion loans over the last six months.
IMF said this year, it released $16 billion in loans and debt relief as emergency assistance but more would be needed since the global financial markets have become too expensive for small economies.
The multilateral lender said the emergency loans to countries like Kenya have put them near limits set by the institution and…
