Kenya has deferred $682.2 million in funding expected from the International Monetary Fund (IMF) under the ninth review to the next fiscal year. This indicates plans to enter a new financing agreement with the multilateral lender once the current one expires in April. The National Treasury has disclosed in the latest Budget Policy Statement for...
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Kenya defers $682 million IMF funding
William Ruto, president of Kenya ©DR
Muthoga Mungania
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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