Kenya has yet again reached out to International Monetary Fund (IMF) to help fight the coronavirus pandemic.
IMF resident representative Tobias Rasmussen said the government had asked the for another loan following the $739 million (Sh79.3) billion received in May that Kenya sought to help it respond to the economic shocks caused by the global pandemic.
“Following up on the support provided by the IMF in May under our Rapid Credit Facility (RCF), the Kenyan authorities have expressed interest in a Fund arrangement. IMF staff is in discussions with the authorities toward such an arrangement,” Mr Rasmussen told one of the local dailies.
This comes amid a surge in Covid-19 cases in the country, with more than 100 deaths reported in the last one week and total recorded cases in the country at 56, 601 as at Monday November 2.
This will be the second time in less that six months that Kenya has approached IMF for budget support during the Corona virus pandemic.
View Comments
Cancer still a big threat
pole sana mzee nakuombea mungu akupe avueni ya haraka?
May God give you strength mheshimiwa to overcome the pains & quick recovery Hon:sir.
Your Comments That is incitement to the highest order. The law should take it's course.
Who is Haji,.....,whose son is he....,from his family background can he be trusted to bring the corrupt to book.....how many has he brought to book apart from side shows...& the poor used victims ??
Keroche fight on
I watched it and to me it was nothing short of AWESOME 💥
Brian go go go go you are better than the alais of this nation. most of the political class especially in Nairobi are dirtier than you. wengine ni criminals and they just managed it. furthermore wahubiri tumewaona why should we close one eye.na zote zinafanya
Your Commentthats not enough siz let it be 1yr
uko smt