Kenya and IMF agree to start formal talks on new lending programme
Kenya and the International Monetary Fund will discuss a new lending programme for the East African nation, as both sides agreed to abandon a ninth review of the current $3.6 billion loan.
Kenya Seeks New IMF Program After Failing to Secure $800 Million
Kenya requested a new funding program from the International Monetary Fund after agreeing not to proceed with a final review of an existing facility that would have unlocked $800 million.
Kenya Engages IMF for New Lending Programme Amid Debt Challenges
Kenya is set to negotiate a new lending agreement with the International Monetary Fund, replacing its current programme, to manage rising debt issues. The IMF mission chief confirmed the request at the end of a Nairobi visit,
IMF has received a formal request for a new Kenya financing programme
NAIROBI - The International Monetary Fund has received a formal request for a new programme from Kenyan authorities and will engage with them going forward, it said on Monday. Read more at straitstimes.
Kenya Cancels 9th Review, Requests New Programme from IMF
Kenya has agreed with the IMF to cancel the 9th review under the current EFF and ECF programmes, with plans to engage in discussions for a new programme.
Kenya and IMF programme agree to discuss new lending programme
Kenya and the International Monetary Fund will discuss a new lending programme for the East African nation, as both sides agreed to abandon a
South Africa's Absa Group names new CEO
South Africa's Absa Group on Monday named former Standard Bank of South Africa chief Kenny Fihla as its new CEO.
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IMF Says Making Progress on Pakistan Review, New Climate Loan
The head of the International Monetary Fund’s mission to Pakistan said the lender and the government have made progress ...
View: The US economic outlook is becoming more uncertain
Wall Street analysts predict a turbulent short-term for the US economy, with lower growth and higher inflation. Consumer ...
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South Korea Central Bank Rules Out Bitcoin as Reserve Asset
The Bank of Korea said that Bitcoin does not meet the International Monetary Fund’s criteria for foreign exchange reserves.