NAIROBI (Reuters) – The International Monetary Fund has agreed to increase Kenya’s lending programme by $650 million ahead of the maturity of a $2 billion Eurobond next year, the Kenyan president’s chief economic adviser said on Tuesday.
The maturing bond is fully-funded, David Ndii told an economic forum hosted by a local bank.
(Reporting by Duncan Miriri and George Obulutsa; Editing by Alexander Winning)
