IMF Reaches Staff-Level Agreement with Kenya on Seventh …
WEBJun 10, 2024 · IMF and the Kenyan authorities have reached a staff-level agreement on a set of comprehensive policies and reforms needed to complete the seventh reviews of Kenya’s Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements and the second review under the Resilience and Sustainability Facility (RSF) arrangement.
What IMF governance and graft review means for Kenya
WEB1 day ago · 70% Off the Quarterly Plan! What IMF governance and graft review means for Kenya. An exterior of the International Monetary Fund (IMF) headquarters in Washington, DC. Kenya has requested the ...
IMF reconsiders loan terms for Kenya as court blocks reforms
WEBSep 30, 2024 · The IMF indicated it is closely monitoring the situation and engaging with Kenyan authorities. A positive outcome from these discussions could prompt the IMF to reconsider the timeline for implementing certain loan conditions. In response to the potential delay of $600m (KSh77.4bn) under the seventh review, “no date has been confirmed for …
IMF Reaches Staff Level Agreement with Kenya on the Fifth …
WEBMay 23, 2023 · IMF staff and the Kenyan authorities have reached staff-level agreement on economic policies and reforms to conclude the fifth reviews of Kenya’s ECF and EFF arrangements; extension of the program and augmentation of access under those arrangements; and reforms for access under a 20-month …
IMF Executive Board Completed the Fifth Reviews of Kenya’s …
WEBJul 17, 2023 · The IMF Executive Board completed the fifth reviews under EFF/ECF arrangements for Kenya, allowing for an immediate disbursement equivalent to SDR306.7 million (about US$415.4 million). This includes SDR81.4 million (about US$110.3 million) from augmentation of access.
Exclusive: Kenya president spoke to IMF chief after pulling tax …
WEBJul 4, 2024 · Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in the days after he withdrew $2.7 billion in proposed tax hikes in response to deadly...
IMF reaches staff level agreement with Kenya, urges fiscal ...
WEBJun 11, 2024 · Kenya has reached a staff level agreement with the International Monetary Fund on Tuesday, the organisation said, paving the way for the disbursement of about $976 million.
Kenya gets additional $938 mln from IMF, soothing nerves
WEBNov 16, 2023 · The International Monetary Fund has reached a staff-level agreement with Kenya, unlocking immediate access to a $682.3 million tranche and boosting the current lending programme by $938...
What do the IMF and foreign debt have to do with Kenya’s …
WEBJul 7, 2024 · Kenya will now likely have to submit a new revenue plan to the IMF, analysts said. On Friday, Ruto announced new austerity measures expected to fill the gap caused by the withdrawn tax bill.
Kenya’s mass protests expose African fury with IMF - Financial Times
WEBJul 4, 2024 · As live rounds crackled and police deployed tear gas in Nairobi’s streets, 25-year-old protester Job Muremi said: “The IMF is involved in bringing this chaos upon Kenya.”