Kenya plans to gradually withdraw a $1.5 billion loan from Abu Dhabi in accordance with the borrowing limits set by the IMF program.
It is anticipated that the initial access to around $700 million will occur in early 2025, with subsequent disbursements to follow, although timelines may change.
This cautious approach is aimed at adhering to IMF guidelines and managing the country's financial obligations. The decision reflects ongoing discussions among officials to maintain fiscal stability.