
Kenya’s International Monetary Fund (IMF) program has on Tuesday been reduced in size after the partial refinancing of a $2.0 billion (Ksh.258.7 billion) Eurobond earlier this year to support debt sustainability and policy reforms.
The remaining access is now set at $976 million (Ksh.126.2 billion), down from the initial $1.27 billion (Ksh.164.2 billion), representing 135.55% of quota compared to the previous 175.85%.
The total size of Kenya’s IMF program, initiated in 2021, now stands at $3.6 billion (Ksh.465.7), down from the initial $3.88 billion (Ksh.501.6), excluding the Resilience and Sustainability Facility (RSF).
$90 Million Special Drawing Rights
The RSF, initially expected to unlock Special Drawing Rights (SDR) of 135.68 million, is now set at SDR 90.46 million.
Also Read: IMF Approves Ksh.150 Billion Loan for Kenya
“An IMF team, in collaboration with Kenyan authorities, reached a staff-level agreement on a comprehensive policy package required to complete the seventh reviews of Kenya’s economic program under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements, as well as the second review of the RSF arrangement,” IMF Representative to Kenya, Haimanot Teferra said.
This package aims to preserve debt sustainability, maintain price stability, manage fiscal risks, address financial sector vulnerabilities, and continue advancing structural reforms for inclusive and resilient growth.
The IMF’s exceptional access window for Kenya has been removed following the Eurobond refinancing.
What The Reduced Funding Means
What this means is that Kenya has exhibited improved debt management and reduced refinancing risks associated with the June 2024 Eurobond.
The partial buyback of the Eurobond was facilitated by the proceeds from a new issuance in February.
IMF said that because of Kenya’s buyback of a significant share of the 2024 Eurobond using proceeds from a new issuance, which alleviated near-term exceptional balance of payment needs, it agreed, together with Treasury to bring cumulative access under the EFF/ECF arrangements within the normal limits and a recalibration of access towards the more concessional financing under the ECF, consistent with the Fund’s policy on blended access.
The agreement is subject to approval by the IMF’s Executive Board.
https://semaglupharm.com/# Affordable Rybelsus price
online prednisone 5mg PredniPharm prednisone 10 tablet
FDA-approved Rybelsus alternative: Semaglu Pharm – SemagluPharm
https://semaglupharm.shop/# rybelsus nausea
http://semaglupharm.com/# SemagluPharm
Semaglu Pharm Rybelsus online pharmacy reviews Semaglu Pharm
prednisone 7.5 mg: buy prednisone online fast shipping – PredniPharm
http://semaglupharm.com/# Semaglu Pharm
https://semaglupharm.com/# how to get rybelsus for $10 dollars
prednisone 4mg tab: can you buy prednisone in canada – prednisone 10mg cost
CrestorPharm: Crestor Pharm – Crestor Pharm
https://lipipharm.com/# Discreet shipping for Lipitor
https://semaglupharm.com/# rybelsus cause constipation
LipiPharm USA-based pharmacy Lipitor delivery LipiPharm
LipiPharm: Lipi Pharm – Order cholesterol medication online
https://semaglupharm.com/# SemagluPharm
how long has rybelsus been on the market rybelsus (semaglutide semaglutide compounding pharmacy
prednisone 60 mg: prednisone 4mg tab – Predni Pharm
rybelsus buy: Semaglu Pharm – п»їBuy Rybelsus online USA
https://semaglupharm.com/# SemagluPharm
PredniPharm PredniPharm prednisone otc price
CrestorPharm: Crestor Pharm – Affordable cholesterol-lowering pills
http://lipipharm.com/# Discreet shipping for Lipitor
http://semaglupharm.com/# No prescription diabetes meds online
Online statin therapy without RX side effects of crestor rosuvastatin 20 mg CrestorPharm
semaglutide same as ozempic: rybelsus other names – Rybelsus side effects and dosage
http://semaglupharm.com/# Semaglu Pharm
CrestorPharm п»їBuy Crestor without prescription Buy cholesterol medicine online cheap
Buy statins online discreet shipping: Crestor Pharm – CrestorPharm
http://prednipharm.com/# 2.5 mg prednisone daily
https://semaglupharm.shop/# Semaglu Pharm
Discreet shipping for Lipitor lipitor pill identifier Lipi Pharm
Predni Pharm: prednisone 1 tablet – PredniPharm
https://semaglupharm.com/# semaglutide charlotte nc
Predni Pharm: Predni Pharm – PredniPharm
CrestorPharm Rosuvastatin tablets without doctor approval CrestorPharm
prednisone prescription drug: prednisone tablets – prednisone 2.5 mg price
http://semaglupharm.com/# who manufactures rybelsus
http://prednipharm.com/# 5 mg prednisone tablets
Where to buy Semaglutide legally Where to buy Semaglutide legally what is compounded semaglutide
prednisone pack: PredniPharm – Predni Pharm
https://semaglupharm.com/# SemagluPharm
SemagluPharm Rybelsus 3mg 7mg 14mg rybelsus wiki
PredniPharm: buy prednisone online india – PredniPharm
https://semaglupharm.com/# SemagluPharm
http://medsfrommexico.com/# mexican mail order pharmacies
http://indiapharmglobal.com/# top online pharmacy india
reputable indian online pharmacy online pharmacy india India Pharm Global
cheapest online pharmacy india: India Pharm Global – indianpharmacy com
https://canadapharmglobal.com/# legitimate canadian pharmacy
buying prescription drugs in mexico online: Meds From Mexico – Meds From Mexico
world pharmacy india India Pharm Global India Pharm Global
https://indiapharmglobal.shop/# Online medicine home delivery
http://canadapharmglobal.com/# canada pharmacy online legit
legitimate canadian mail order pharmacy: best canadian online pharmacy – canada discount pharmacy
Online medicine home delivery top online pharmacy india top 10 online pharmacy in india
safe reliable canadian pharmacy: canadian drug pharmacy – medication canadian pharmacy
canadian drugs online Canada Pharm Global pet meds without vet prescription canada
https://indiapharmglobal.shop/# indian pharmacy online
https://medsfrommexico.shop/# Meds From Mexico
Meds From Mexico: Meds From Mexico – mexican mail order pharmacies
canadian pharmacy king Canada Pharm Global legal canadian pharmacy online
https://canadapharmglobal.com/# canadian pharmacy reviews
India Pharm Global: indianpharmacy com – India Pharm Global
mexican border pharmacies shipping to usa mexican drugstore online mexican rx online
reputable mexican pharmacies online: mexico pharmacies prescription drugs – Meds From Mexico
canada drug pharmacy Canada Pharm Global canadian pharmacy 24 com
https://indiapharmglobal.com/# buy prescription drugs from india
medicine in mexico pharmacies: Meds From Mexico – Meds From Mexico
https://canadapharmglobal.shop/# canadian online drugstore
top 10 online pharmacy in india reputable indian pharmacies india pharmacy mail order
mexican border pharmacies shipping to usa: Meds From Mexico – Meds From Mexico
https://indiapharmglobal.com/# India Pharm Global
EFarmaciaIt: clavulin polvere – EFarmaciaIt
https://svenskapharma.shop/# Svenska Pharma
EFarmaciaIt EFarmaciaIt inderal 40 a cosa serve
http://papafarma.com/# Papa Farma
ordinare farmaci online con ricetta: EFarmaciaIt – EFarmaciaIt
http://svenskapharma.com/# vitamin d apotek
EFarmaciaIt EFarmaciaIt EFarmaciaIt
se recept online: fertilitetsglidmedel apotek – apotek dk
https://papafarma.shop/# melatonine spanje
https://raskapotek.com/# Rask Apotek
productos sanitarios parafarmacia oferta farmacia Papa Farma
nГ¤r ska man sluta med vГ¤lling: appotek – kapslar medicin
https://raskapotek.shop/# glyserol apotek
Svenska Pharma Svenska Pharma Svenska Pharma
EFarmaciaIt: disinfettante per bambini che non brucia – EFarmaciaIt
https://raskapotek.com/# Rask Apotek
http://papafarma.com/# Papa Farma
farmacia gran canaria Papa Farma Papa Farma
farmacia cerca de mГ: la isla. ml – Papa Farma
http://papafarma.com/# farmacias 24
köpa billigt kaffe på nätet ibuprofen hund Svenska Pharma
EFarmaciaIt: EFarmaciaIt – EFarmaciaIt
https://efarmaciait.com/# vermox cane
https://efarmaciait.shop/# farmacia spedizione gratis
EFarmaciaIt foglio illustrativo normix EFarmaciaIt
Svenska Pharma: varmvattenflaska apotek – ta med hund pГҐ apotek
https://raskapotek.com/# Rask Apotek
https://svenskapharma.shop/# privatisering apotek
Papa Farma multicentrum opiniГіn mГ©dica mounjaro comprar online
EFarmaciaIt: EFarmaciaIt – farma online
http://papafarma.com/# farmacia envio 24h
https://papafarma.com/# epiduo forte farmacia
EFarmaciaIt: EFarmaciaIt – contractubex miglior prezzo
cialis in svizzera mamma con influenza e neonato forum EFarmaciaIt
https://papafarma.shop/# cepillo oral b io 9
hudormfjerner apotek: arnica apotek – farmasi apotek
Rask Apotek Rask Apotek Rask Apotek
http://svenskapharma.com/# apotek hämta i butik
https://papafarma.com/# epiduo gel opiniones
broncho vaxom bambini recensioni EFarmaciaIt cosa serve cistalgan
Svenska Pharma: best kundtjГ¤nst – apotek nummer
http://pharmaconnectusa.com/# tamoxifen citrate online pharmacy
http://pharmaconfiance.com/# Pharma Confiance
apotheke 24 stunden lieferung: online apotheke schweiz – gГјnstige apotheken
medikamente liefern Pharma Jetzt rezept online apotheke
http://medicijnpunt.com/# Medicijn Punt
MedicijnPunt: medicijnen aanvragen apotheek – apotheek online nl
https://pharmajetzt.shop/# PharmaJetzt
pharmacies shipping to usa on line pharmacy PharmaConnectUSA
http://pharmajetzt.com/# medikamente bestellen online
Medicijn Punt: Medicijn Punt – appotheek
https://medicijnpunt.com/# MedicijnPunt
PharmaJetzt versandapotheken auf rechnung PharmaJetzt
triamcinolone acetonide cream pharmacy: seconal online pharmacy – PharmaConnectUSA
https://pharmaconnectusa.com/# cellcept online pharmacy
https://pharmaconnectusa.shop/# australia online pharmacy viagra
daflon interactions Pharma Confiance chez gg
online medicijnen kopen zonder recept: MedicijnPunt – apotheek aan huis
https://pharmaconnectusa.shop/# motion sickness
welche versandapotheke ist die gГјnstigste onlineshop apotheke medikamente per click
PharmaJetzt: apotheken shop online – gГјnstige online apotheke
http://medicijnpunt.com/# online medicatie bestellen
apotheke versandapotheke shp apotheke shop apotheke auf rechnung
MedicijnPunt: farmacia online – mijn medicijnkosten
PharmaConnectUSA buy viagra pharmacy online Pharma Connect USA
https://pharmaconnectusa.com/# propranolol pharmacy uk
huisapotheek online: medicijen – Medicijn Punt
https://pharmaconnectusa.shop/# seroquel pharmacy coupons
Medicijn Punt Medicijn Punt MedicijnPunt
http://pharmajetzt.com/# PharmaJetzt
list of online pharmacies: Pharma Connect USA – pharmacy warfarin clinic
http://pharmaconfiance.com/# 50 g de croquette en verre
pharmacie be culotte tena french sur ongle amande
MedicijnPunt: Medicijn Punt – Medicijn Punt
https://medicijnpunt.shop/# farma online
https://pharmaconnectusa.shop/# Pharma Connect USA
Pharma Confiance Pharma Confiance Pharma Confiance
PharmaConnectUSA: Micardis – Pharma Connect USA
500 cl en g pharmacie de garde toulouse ouvert actuellement parfum fleurs de bach avis
Pharma Connect USA: cialis american pharmacy – PharmaConnectUSA
http://pharmaconnectusa.com/# fred’s dollar store pharmacy
Pharma Jetzt apotheke PharmaJetzt
apotheke nl: medicatie bestellen online – medicijne
http://pharmaconnectusa.com/# boots pharmacy orlistat
https://pharmaconfiance.shop/# minuteur 45 secondes
liefer apotheke apotheke inline Pharma Jetzt
Pharma Confiance: maps pharmacie – pharmaci
https://pharmaconfiance.com/# pharmac
Pharma Confiance: Pharma Confiance – Pharma Confiance
http://pharmaconfiance.com/# Pharma Confiance
https://pharmaconnectusa.shop/# online pharmacy c o d
medicijnen bestellen zonder recept: apotheek nederland – MedicijnPunt
https://pharmajetzt.com/# online apotheke deutschland
levitra coupons pharmacy: Pharma Connect USA – provigil online pharmacy uk
https://pharmaconnectusa.shop/# Pharma Connect USA
https://pharmaconnectusa.shop/# Pharma Connect USA
MedicijnPunt: Medicijn Punt – farmacia online
https://pharmaconfiance.com/# poudre amande chien
Pharma Confiance: Pharma Confiance – Pharma Confiance
https://pharmajetzt.shop/# PharmaJetzt
http://pharmaconnectusa.com/# Pharma Connect USA
https://pharmaconfiance.shop/# Pharma Confiance
https://pharmaconnectusa.com/# Pharma Connect USA
azithromycin mexico pharmacy: PharmaConnectUSA – people’s pharmacy wellbutrin xl
http://pharmaconfiance.com/# tadalafil femme
https://pharmajetzt.com/# intenet apotheke
Pharma Confiance: Pharma Confiance – pГ©nicilline pommade