A woman walks past an International Monetary Fund headquarters building in Washington, DC. - The IMF approved a financing plan to cover its share of debt relief to Sudan.  

| MANDEL NGAN / AFP

IMF wires another Sh44 billion loan to Nairobi 

What you need to know:

  • This now brings the total amount advanced to Kenya in the first three months of the facility to Sh77.9 billion. 
  • The approval of the second batch, expected to hit Kenya’s accounts by next month.

A month after the IMF approved a Sh257 billion loan amid a public outcry over Kenya’s ability to repay the piling debt load, the lender has cleared a second disbursement to Nairobi. 

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