The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of a Sh78.3 billion ($606.1 million) loan to Kenya, unlocking new funding to the country after a protracted programme review following the withdrawal of the Finance Bill, 2024.
The disbursement, signed on Thursday morning, covers releases under the seventh and eighth reviews of the extended credit facility and the extended fund facility (ECF/EFF).
