IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya

– IMF Board approved completion of first review of Kenya’s economic program supported by the Stand-By Arrangement (SBA) and the Standby Credit Facility (SCF). – Kenyan authorities indicated that they do not intend to draw on the SBA and SCF arrangements (about US$1.5 billion in total), unless there is a balance of payment emergency caused […]http://feedproxy.google.com/~r/Appa-sourceTheAfric...