IMF Reaches Staff-Level Agreement with Kenya on Seventh …
WEBJun 10, 2024 · IMF and the Kenyan authorities have reached a staff-level agreement on a set of comprehensive policies and reforms needed to complete the seventh reviews of Kenya’s Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements and the second review under the Resilience and Sustainability Facility (RSF) arrangement.
IMF Staff Concludes Visit to Kenya
WEB4 days ago · IMF Staff Concludes Visit to Kenya. September 17, 2024. Washington, DC: An International Monetary Fund (IMF) team, led by Haimanot Teferra, visited Nairobi during September 11-16 and held discussions with Kenyan authorities on recent developments and their policies to manage the emerging challenges.. At the conclusion of the visit, Ms. Teferra issued the following statement:
IMF says it held productive discussions with Kenya on economic, …
WEB4 days ago · Kenya agreed a four-year loan with the IMF in 2021, and signed up for additional lending to support climate change measures in May 2023, taking its total IMF loan access to $3.6 billion.
IMF Executive Board Completed the Fifth Reviews of Kenya’s …
WEBJul 17, 2023 · The IMF Executive Board completed the fifth reviews under EFF/ECF arrangements for Kenya, allowing for an immediate disbursement equivalent to SDR306.7 million (about US$415.4 million). This includes SDR81.4 million (about US$110.3 million) from augmentation of access.
IMF reaches staff level agreement with Kenya, urges fiscal ...
WEBJun 11, 2024 · Kenya has reached a staff level agreement with the International Monetary Fund on Tuesday, the organisation said, paving the way for the disbursement of about $976 million.
IMF Reduces Kenya’s Funding Program Size in Latest Review
WEBJun 11, 2024 · The International Monetary Fund has reduced the size of its program with Kenya thanks to easier funding conditions in the East African nation, while taking a step toward unlocking the remaining...
IMF staff, Kenya reach agreement on over $1 bln of new financing
WEBNAIROBI, May 23 (Reuters) - International Monetary Fund staff and Kenya have reached an agreement that could unlock more than $1 billion of new financing, which could help relieve pressure on...
IMF Says Supports Kenyan Efforts for Policies to Complete Review
WEB4 days ago · An International Monetary Fund staff team has concluded a six-day visit to Kenya, where it held discussions on recent developments and policies to manage emerging challenges in the East African ...
What do the IMF and foreign debt have to do with Kenya’s …
WEBJul 7, 2024 · Kenya will now likely have to submit a new revenue plan to the IMF, analysts said. On Friday, Ruto announced new austerity measures expected to fill the gap caused by the withdrawn tax bill.
IMF Reaches Staff Level Agreement with Kenya on the Fifth …
WEBMay 23, 2023 · IMF staff and the Kenyan authorities have reached staff-level agreement on economic policies and reforms to conclude the fifth reviews of Kenya’s ECF and EFF arrangements; extension of the program and augmentation of access under those arrangements; and reforms for access under a 20-month …