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    Thursday, October 31

    IMF approves $606 million loan to Kenya

    Muthoga MunganiaBy Featured No Comments2 Mins Read
    William Ruto, president of Kenya. ©️DR

    Kenya is set to receive $606 million from the International Monetary Fund (IMF) as part of the seventh and eighth reviews under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) arrangements. In a statement on Wednesday, the IMF said the funds will support the authorities’ efforts to rebuild fiscal and external buffers,...

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    Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.

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