NairobiWire.com
Kenya has formally approached the International Monetary Fund (IMF) to negotiate a new financing agreement as its current IMF-supported programmes approach their end. The government has relied heavily on the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), which have provided over Ksh388 billion in funding during a time of severe debt strain…
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Govt Eyes Fresh IMF Financing to Stabilize Economy as Ksh465B Programme Nears Expiry
Richard Kamau
06:21
Kenya has formally approached the International Monetary Fund (IMF) to negotiate a new financing agreement as its current IMF-supported programmes approach their end. The government has relied heavily on the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), which have provided over Ksh388 billion in funding during a time of severe debt strain…
