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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After wametoa aflatoooooooostiiiin
What was the first thing that you saw? Agwambo ama? I have never believed you are blind. Toa Korir 2022
This is shameful.....a situation I wouldn't wish to happen to
my enemies
Stupidly educated ...too opppionated to be used anywhere..why announce to the world what you're doing
Interesting piece, spot on Nyakundi and his extorting schemes.
The two have shown no interest in BBI why can't you lock them out in BBI campaigns so that they pay some goons and go with them at their own engagements
May his soul rest in peace
Raila has no friends. He is perennial looser and everyone be like him.
Never be a political enemy to anybody. Days repeat after a week!
We sugar cane farmers have a very big problem, tumesota sana when we are working hard in our farms