Funds -The International Monetary Fund (IMF) has given President William Ruto’s administration immediate access to Ksh 65 billion as part of supporting Kenya’s economic recovery programme.
This was revealed in the Macro-Economic Outlook report that was presented in the preparation of the 2024/25 Financial Year Medium Term Budget.
The National Treasury remarked that Ruto’s administration was given access to the cash following the fifth review under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) arrangements on July 17, 2023.
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