Kenya set for Sh131 billion new IMF financing June

Central Bank of Kenya (CBK) Governor Kamau Thugge.  

Photo credit: File | Nation Media Group

Kenya is set for Sh131 billion ($1 billion) in new financing from the IMF in June at the end of the seventh review of its multi-year programme with the multilateral lender.

The disbursement awaiting both staff-level agreements and the nod from the IMF executive board is expected to be the largest access yet from the programme approved in 2021.

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