IMF lauds Kenya's strong foreign exchange reserves as standby deal expires 15/09 - 10:51 The International Monetary Fund considers that Kenya’s external position is strong, its representative in Nairobi said on Friday, adding that the Fund would continue to support its reform efforts even though a stand-by loan deal has expired. Kenya had secured a six-month extension in March of the $989.8 million arrangement. However, the IMF set conditions for a further extension, including the r...
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