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The International Monetary Fund (IMF) has approved a 78-billion-shilling disbursement after concluding the seventh and eighth reviews of its Extended Fund Facility and Extended Credit Facility for Kenya, initiated in April 2021. A new Resilience and Sustainability Facility approved in July 2023 was also included, with the IMF urging prudent use of public resources.
IMF approves Kes 78 billion to strengthen fiscal and external buffers, address climate shocks
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