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Published 3 months ago

IMF Bolsters Kenya's Economic Recovery with an Additional Sh.142.8 Billion - Nairobi Wire

Summary by Ground News
The International Monetary Fund has reached a staff-level agreement with Kenya, allowing for immediate access to $682.3 million. The fund noted that the balance of payments and financial positions of Kenya has been strained by the lingering effects of the COVID-19 pandemic and recurrent droughts induced by climate change.
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