IMF Extends Kenya's Access to U.S.$1.5 Billion Standby Loan
IMF says the six-month extension will allow time to complete the outstanding reviews which were delayed because of a prolonged election period. Completion of the reviews will enable the government to access the funds available under the precautionary arrangement.
Capital FM, 14 March 2018
The International Monetary Fund Executive Board has approved a 6-month extension of a Sh151 billion Stand-By Arrangement to cushion the country against external shocks. Read more »
International Monetary Fund logo.
East African, 14 March 2018
The International Monetary Fund (IMF) has extended Kenya's access to a $1.5 billion precautionary facility for six months. Read more »
The International Monetary Fund representative in Kenya, Jan Mikkelsen, says the government continues to have access to the standby loan of U.S.$1.5 billion since June 2017 and it ... Read more »