IMF approves Kes 78 billion to strengthen fiscal and external buffers, address climate shocks

  • | Citizen TV
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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.