Kenya seeks access to new IMF long-term funding

Signage of IMF at the International Monetary Fund (IMF) headquarters in Washington, DC. FILE PHOTO | AFP

Kenya has applied for access to a new long-term funding facility from the International Monetary Fund (IMF), the multilateral lender has disclosed.

The facility known as the Resilience and Sustainability Trust (RST) seeks to assist low-income and vulnerable middle-income countries to build resilience to external shocks.

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