Home Africa Kenya: Kenya Awaits IMF’s Ksh181.3 Billion Lifeline Amid Economic Turmoil

Kenya: Kenya Awaits IMF’s Ksh181.3 Billion Lifeline Amid Economic Turmoil

Kenya: Kenya Awaits IMF’s Ksh181.3 Billion Lifeline Amid Economic Turmoil

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-08-07 10:26:54

Kenya is poised to receive Ksh181.3 billion in disbursements from the International Monetary Fund (IMF) this financial year, according to Central Bank of Kenya Governor Dr Kamau. This comes as the country grapples with the economic repercussions of recent deadly protests and a rejected Finance Bill.

The Governor revealed during a press briefing on Tuesday that Kenya expects $1.4 billion (about Ksh181.3 billion) from the IMF, along with an additional $600 million (about Ksh77.7 billion) from…

Read the full article on Kenyans.co.ke

Previous articleLiberia: On 2nd Thoughts: Boakai is proceeding wrongly.
Next articleZambia: Masvingo Police Arrest Tourists Over S*x Toy – Africa Links 24