Kenya seeks new multilateral financing
Kenya is engaging with multilateral lenders including the World Bank to secure fresh funding this financial year. Central bank governor Kamau Thugge noted potential budget support and upcoming discussions with the IMF.
Kenya is negotiating fresh multilateral financing to secure budget support before June, according to central bank governor Kamau Thugge. The East African nation is engaging lenders like the World Bank to bolster its fiscal position. The external funding aims to ease domestic borrowing pressures and stabilize public finances.
