Kenya: Kenya Seeks New IMF Lending Deal Amid Budgetary Shortfalls Says CS Mbadi

The government is exploring the possibility of securing another loan programme with the International Monetary Fund (IMF) just two months before the end of the current program.

Treasury Cabinet Secretary John Mbadi revealed to Reuters on Wednesday, February 5, that while Kenya has other loan options, the IMF remains one of the most plausible ones after the plan to implement the contentious Finance Bill last year was met by nationwide protests.

“Maybe before the current program comes to a…