Kenya secures 684 mln USD loan from IMF
NAIROBI. Jan. 18 (Xinhua) -- The International Monetary Fund (IMF) said it has approved a 684.7 million U.S. dollar loan to help Kenya finance various development programs amid economic challenges.
The IMF said the 624.5 million dollars will be disbursed immediately under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements while 60.2 million dollars will be released under the Resilie