The International Monetary Fund (IMF) might push back its board approval of fresh funding to Kenya following the withdrawal of the controversial Finance Bill 2024, which has prompted the multilateral lender to review its projection of the country’s spending and revenue targets.
The IMF Executive Board had been expected to hold a meeting on Friday, July 12 to complete the seventh Extended Credit Facility and Extended Fund Facility and the second review under the Resilience and Sustainability Facility and approve its latest disbursement to Kenya thereafter.
