The International Monetary Fund (IMF) has approved disbursement of $606.1 million to Kenya to support the government's efforts in rebuilding fiscal buffers and resilience to climate shocks.
The IMF executive board’s decision allows the disbursement of special drawing rights SDR365.28 million ($485.8 million) under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements, and SDR90.47 million ($120.3 million) under the Resilience and Sustainability Facility (RSF).
