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Kenya seeks review of IMF standby loan facility

Kenya is seeking a review on the use of $688.3 million (Ksh70.22 billion) standby loan from the International Monetary Fund, citing persistent domestic and external shocks in the economy.

The country however, said its performance under the structural economic programme has been in line with targets and all quantitative performance criteria and indicative targets through end-March 2015 had been met.

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