The International Monetary Fund (IMF) has approved the disbursement of Sh58.8 billion ($415.4 million) to Kenya in its latest review of its multi-year programme, which runs until April 2025.
The new disbursement is expected to raise the multilateral lender’s cumulative funding to the country under the programme to Sh288.6 billion ($2.04 billion) since its approval in April 2021.