Kenya to get another Sh28b loan from IMF

international monetary fund imf


People Daily | by John Otini


Kenya would have access to another $244 million (Sh28 billion) in financing from the International Monetary Fund (IMF) to help the country weather external price shocks following a staff level agreement reached last week.

The agreement which is part of the $2.3 billion Special Drawing Right (SDR) approved in April last year, is subject to approval of IMF management and the Executive Board in the coming weeks…

Read more…

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here