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IMF stopped Kenya's access to $1.5bn standby credit after review delay

Published February 20, 2018 Updated February 20, 2018 12:22pm

"The programme has not been discontinued but access was lost in mid-June because a review had not been completed," Jan Mikkelsen the IMF resident representative in Kenya told Reuters.

"There was no agreement on the fiscal adjustment at the time and then I do believe the lengthy election period made it difficult to have a review and complete that in the period that followed."

 

 

Copyright Reuters, 2018