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.

The Kenyan government anticipates receiving additional funding from the IMF by year-end. According to the country’s central bank governor Kamau Thugge, as reported by Reuters, Kenya is currently in talks with the global lender to consider merging the seventh and eighth assessments of its support program.

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.

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