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Treasury CS Henry Rotich: Kenya stand-by deal with IMF is over

National Treasury Cabinet Secretary Henry Rotich.

Kenya’s stand-by arrangement with the International Monetary Fund (IMF) has expired, National Treasury Cabinet Secretary Henry Rotich said on Thursday but the country will continue to talk to the Fund.

Kenya had secured a six-month extension for its stand-by credit arrangement of $989.8 million (Sh100b) from the International Monetary Fund in March, which was due to expire in mid-September.

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