Kenya to receive second tranche of Sh44bn IMF loan

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National Treasury building. FILE PHOTO | NMG

The International Monetary Fund (IMF) will disburse Sh44 billion ($410 million) to Kenya in the coming weeks to boost the public purse amid the Covid-19 pandemic.

The fund is part of the $2.4 billion (Sh256.3 billion) three-year financing programme that was agreed to in February.

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