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IMF Loans

IMF Approves $935.6 Million Loan to Tanzania

The International Monetary Fund (IMF) has approved a substantial loan package totaling $935.6 million (TZS 2.45 trillion). This financial aid aims to support the country’s economic reforms and enhance its resilience against the impacts of climate change. The package is divided into
June 22, 2024

Kenya wins $941 million IMF loan boost

The International Monetary Fund (IMF) on Wednesday approved a $941 million lending boost to Kenya, with an immediate disbursement of $624.5 million. The disbursement under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) programs will also be topped by a
January 18, 2024