Tag: Kenya
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IMF Board Approves $2.3bn Aid Package For Kenya
The IMF on Friday approved a $2.34 billion aid package to Kenya to “address the urgent need to reduce debt vulnerabilities,” the institution said in a statement. The Washington-based development lender said the funds would be spread over 38 months, with an immediate disbursement of about $307.5 million, “usable for budget support.” “Kenya was hit…
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Kenya donates food, medicine to victims of attacks in Mozambique
Kenyan government has donated 15 tons of food products and medicines to Mozambique in support of its people affected by the terrorist attacks in the northern province of Cabo Delgado, media report. This is according to a report by the national Radio Mozambique on Thursday, which quoted the Kenyan Chief Administrative Secretary of Foreign Affairs…