IMF to approve Kenya's Sh68b loan request next year

The Government and the International Monetary Fund (IMF), are to sign a stand-by loan deal totaling Sh65.5 billion ($750 million) to support the county’s economic reforms, including big ticket infrastructure and energy projects.

This follows conclusion of a fact finding mission led by Visiting IMF Assistant Director for African Department Mauro Mecagni, between October 22 November 9, 2014.