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IMF Executive Board approves release of $235.6 million to Kenya, part of $2.34 billion mega loan approved in 2021

Simon Ateba by Simon Ateba
July 18, 2022
Opening of the 75th World Health Assembly - 22 May 2022 On 22 May 2022, WHO Director-General Dr Tedros Adhanmon Ghebreyesus (left) speaks to Member of the Swiss Federal Council Mr Alain Berset (centre) and H.E Uhuru Kenyatta, President of Kenya (right) before the High-Level Welcome at the opening of the 75th World Health Assembly in Geneva, Switzerland. Title of WHO staff and officials reflects their respective position at the time the photo was taken.

Opening of the 75th World Health Assembly - 22 May 2022 On 22 May 2022, WHO Director-General Dr Tedros Adhanmon Ghebreyesus (left) speaks to Member of the Swiss Federal Council Mr Alain Berset (centre) and H.E Uhuru Kenyatta, President of Kenya (right) before the High-Level Welcome at the opening of the 75th World Health Assembly in Geneva, Switzerland. Title of WHO staff and officials reflects their respective position at the time the photo was taken.

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Simon Ateba
Simon Ateba( Chief White House Correspondent )

Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

The Executive Board of the International Monetary Fund (IMF) on Monday approved the immediate release of $235.6 million to Kenya, part of a $2.34 billion mega loan approved in 2021 at the height of the coronavirus economic turmoil.

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