People Daily | by John Otini
Kenya is discussing a $2.3 billion (Sh230 billion) lending programme with International Monetary Fund (IMF) for budgetary support, according to the National Treasury.
The fund hopes a deal on a new lending facility could be presented to its board early next year, noting that economic activity was starting to pick up despite a drag from sectors like tourism, it said over the weekend.
Kenya hopes to secure an initial disbursement of $725 million (Sh79.5 billion) from the fund in the first half of next year…
