International Monetary Fund (IMF) · LEAD
Kenya Close To Agreeing Sh194 Billion Budget Support Loan From UAE, At 8.2pc Interest Rate
(Reuters)-Kenya’s government is close to agreeing a $1.5 billion (Approx KES194 billion) loan from the United Arab Emirates with an interest rate of 8.2% which will help bridge the East African nation’s financing gap, a source familiar with the situation told Reuters. “Kenya is diversifying its sources of budget support,” said the source, adding the […]
