18 State Parastatals Earmarked for Restructuring as Condition for IMF’s KSh 250b Loan Tuko 15 hrs ago Japhet Ruto © Provided by Tuko 18 State Parastatals Earmarked for Restructuring as Condition for IMF’s KSh 250b Loan
The IMF board in April 2021 approved a KSh 255 billion financing loan package for Kenya to help the country in the containment of public debt
The multibillion loan came with tough conditions that the Kenyan government will have to implement
One of the conditions was overhauling loss-making state-owned enterprises to either return to profitability or start operating more effectively
On Friday, April 2, the International Monetary Fund (IMF) board approved a KSh 255 billion financing loan package for Kenya to help the country in the containment of public debt.
Univeristy of Nairobi Resizes To Cut Costs
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