Kenya, IMF revived talks signal painful conditions

The International Monetary Fund (IMF) headquarters building is seen in Washington DC, US on April 8, 2019.

Photo credit: Reuters

Kenya has revived talks with the International Monetary Fund (IMF) for a new support plan that will unlock loans and set up taxpayers to painful conditions.

The Central Bank of Kenya (CBK) on Wednesday said it was expecting an IMF team to visit Nairobi soon for talks, when the two sides will also discuss the country's request for ⁠a new support programme that will include a lending component.

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