Kenya President Ruto confident of receiving $1bn fresh IMF disbursement
Robust lending to Kenya from the IMF and World Bank has helped the government to navigate a liquidity crisis.
Source: theeastafrican.co.ke
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Robust lending to Kenya from the IMF and World Bank has helped the government to navigate a liquidity crisis.
The West African country raised $8 billion from more than 400 investors, which signalled rising confidence in African countries’ sovereign debts.
Approval follows the completion of the sixth reviews of Kenya's multi-year arrangement with the fund.