Kenya will get the new tranche of Sh28 billion from the International Monetary Fund (IMF) in the new financial year, a delay that could complicate the funding of the budget in an election year.
Treasury Principal Secretary Julius Muia said the money, which is the third tranche under the IMF programme, is expected in the new financial year that starts Friday, with the IMF giving indications the money may be wired by mid-July.
