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IMF's Kenya warning as it releases Sh78bn

Treasury Cabinet Secretary John Mbadi addresses a past press conference. [File, Standard]

The International Monetary Fund (IMF) has warned of a difficult path ahead for Kenya as it disbursed $606 million (Sh78.1 billion) to support the government's budgetary needs.

The funds come as a big relief for the cash-strapped Kenya Kwanza administration, which had been anxiously waiting on the bailout amid dwindling revenues locally in a battered economy.

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