Business Daily | by John Mutua
Kenya will receive a $2.4 billion (Sh262.56 billion) loan from the International Monetary Fund (IMF) for budget support to weather the coronavirus economic hardships.
International Monetary Fund (IMF) Tuesday said that the two have inked the deal for the 38-month credit facility whose disbursement will start in the coming weeks.
Kenya had sought the loan from IMF in December, making it the second following the $739 million (Sh79.3) billion received in May, that Kenya applied to help it respond to the economic shocks caused by…
