IMF releases billions to Kenya, says will audit use

Health CS Mutahi Kagwe, he is in charge of flattening the COVID-19 curve (PHOTO: FILE)

Kenya has secured over Sh78 billion to address the balance of payments gap resulting from the effects of Coronavirus pandemic.

IMF executive board while approving the facility noted that Covid-19 has had adverse effects on the East African nation's economy adversely shaking its tourism, transport, and trade components.