Nairobi, March 17, 2025 (AFP) - Kenya to seek a new IMF agreement

NAMPA / AFP

2025-03-17

Kenya will seek a new agreement with the International Monetary Fund, the IMF said Monday, after the current programme winds to a close. The country is currently considered an economic bright spot in the troubled East African region, but is grappling with around $80 billion in external and domestic debt. Debt servicing is eating up two-thirds of Kenya's annual revenue, far outweighing spending on health or education, but the government has had di......

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