IMF Approves $2.3 Bn for Kenya to Finance Covid-19 Response

Kenya will receive emergency aid totalling $2.3 (Ksh 255.9 billion)  to help cover a shortfall in the nation’s budget and balance of payments due to the coronavirus pandemic, the International Monetary Fund (IMF) said in a press release on Friday. The three-year financing package under thee under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) will … Continue reading IMF Approves $2.3 Bn for Kenya to Finance Covid-19 Response