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.
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handshake wasn't about kibras by-elections .....uhuru is right to support mariga....mariga must win
Ruto is powerful believe this.....and for your information Uhuru can't dumb Ruto.....
Elachi is100% right. mariga is nothing but the Tanga tanga project
Sarah should be jailed , it's so sad to kill someone pretending to be his partner, naomba Sheria uchukuliwe ipasavyo, najua pesa uongea lakini ingekua ni mtoto wako amefanyiwa hvi ,how how could you feel, angekua ni umaskini Hana chochote angekua jela sasa hvi na hata angepewa ruhusa ya kuongea , tunajua wenye pesa na umaskini ni tafauti lakini mungu yuko , Kenya si nchi mtu anaeza tamani kuishi kulingana na vitendo vinaendelea kutendwa na serikali tuko nayo , mungu tutetee na serikali wape hukumu mbele yao.
kibra md mariga tosh
Your Comment my condolensed to family of Kigenda and her beautiful daughter Amanda..promoted to glory.. its the only way thy thee into it...Inshallah aamyn
haha the OG himuselefu
Thank God non of them died
When will Uhuru appoint me? A son of a cobler
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It is Building Bridges Initiative verses Breaking Bridges Initiative.It gonna be nasty with casualties.