February 21, 2018 / 5:19 AM / a month ago

Kenya's $1.5 bln standby credit facility in place until end of March -IMF

NAIROBI, Feb 21 (Reuters) - Kenya’s $1.5 bln standby credit facility remains in place until the end of March 2018, the International Monetary Fund said in a statement on Wednesday, contradicting a statement given a day earlier that access to the facility was lost in June.

“The precautionary SBA/SCF arrangement remains in place until end-March 2018,” the statement said. “Kenya continues to have access to resources since June subject to policy understandings to complete the outstanding reviews.” (Reporting by Duncan Miriri; Writing by Katharine Houreld; Editing by Simon Cameron-Moore)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below