Kenya expects to receive more money from the International Monetary Fund (IMF) by the end of the year, Central Bank of Kenya Governor Kamau Thugge said on Wednesday. The East African country and the IMF reached a staff-level agreement on the seventh review of its $3.

Kenya and the IMF reached a staff-level agreement on the seventh review of its $3.6 billion (Sh464.59billion) programme in early June.

Kenya has called on the International Monetary Fund (IMF) to conduct an official review of the country's <a target=_blank hre

Kenya expects more money from the International Monetary Fund by the end of the year and is in talks with the Fund about combining the seventh and eighth reviews of its support programme, its central bank governor said on Wednesday.

The IMF's economic governance policy focuses on those government functions that are most relevant to economic activity.

Despite Kenya's efforts to lower its debt burden, the government seems to be in need of more loans. As a result, the East African country is looking ahead to further lending from the International Monetary Fund (IMF).