Kenya meets IMF terms after legal changes

Treasury secretary Henry Rotich. PHOTO | JEFF ANGOTE | NMG

Kenya’s compliance with conditions of the International Monetary Fund has improved with the recent legal enactments, even after a fallout with the fund.

Kenya met at least eight of the conditions specified in the March 2018 IMF staff report, but was only partially in compliance for several others while information is lacking on the status of some such as modernisation of the monetary policy framework.

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