Kenya: IMF Lists 4 New Demands Hindering Kenya From Receiving Ksh78 Billion Loan

The International Monetary Fund (IMF) on Monday revealed that it had set out key conditions for the Government of Kenya to meet before it disburses the $606 million (Ksh78 billion) loan already approved.

This is after fresh details emerged that Kenya would likely wait longer for the disbursements from the IMF after failing to meet key demands by the international lender in order to qualify for two-phased disbursements.

Speaking to the Business Daily, the IMF Mission Chief Haimanot Teferra…