Kenya and the International Monetary Fund (IMF) have agreed to start formal discussions on a new lending programme, abandoning the ninth review of the current $3.6 billion loan. The country is seeking continued financial support as it grapples with rising debt-servicing costs following years of heavy borrowing. The new programme aims to stabilize Kenya’s economy and ensure sustainable growth. The IMF's involvement is crucial for Kenya to maintain investor confidence and access international financial markets. The outcome of these talks will significantly impact Kenya’s economic trajectory in the coming years.
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‘Lying’ Putin is ‘plotting new attack’ amid ceasefire talks, Zelensky warns as Starmer calls for ‘guns to fall silent’
The comments came a few hours before Starmer vowed to ramp up pressure on Moscow until they agree to a ceasefire... Ukraine has successfully tested a powerful new combat missile which boasts...