IMF approves 3-year US$2.34bn package for Kenya

Last updated Apr 3, 2021

The International Monetary Fund (IMF) has approved the disbursement of a three-year financing package of US$2.34bn for Kenya.

This package is to support the East African country’s pandemic response and economic reform program; help reduce debt vulnerabilities; address weakness in State-owned enterprises; and support anti-corruption framework.

The IMF Executive Board has approved a three-year financing package of US$2.34 billion to support Kenya's pandemic response and economic reform program. More here: https://t.co/zsMzCe2szY #IMFAfrica pic.twitter.com/iwa37ncaEK

— IMF (@IMFNews) April 2, 2021

Amaka E. Nliam