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Kenya seeks new IMF lending program amid unutilized funds from current deal

Kenya has sought a new lending programme from the International Monetary Fund after both parties agreed to end the ninth review of the current programme, which is set to expire next month. Finance Minister John Mbadi noted that approximately $800 million remains unutilized, prompting the request for a funded programme. The government is working to stabilize its finances amid rising debt-servicing costs.
reuters.com
United States Dollar International Monetary Fund FUND KEN John Mbadi William Ruto Duncan Miriri Libby George Alex Richardson Show more
Finance & Economy, News Article
10:43 24.03.2025
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