Ex-Ruto advisor rules out new negotiations with IMF team

A standoff between Kenya and the IMF over a new multi-billion-dollar loan programme deepened last week after David Ndii, declared that the country was “not negotiating” with the lender...

✨ Key Highlights

A significant contradiction has emerged regarding Kenya's engagement with the International Monetary Fund (IMF) over a potential new loan program. Dr. David Ndii, a former economic advisor to President Ruto, stated that Kenya is "not negotiating" with the lender, directly challenging the Treasury's stance.

The core issue is Kenya's negotiation status with the IMF for a multi-billion-dollar loan.
Key figures involved are Dr. David Ndii, a former economic advisor, and the Kenyan Treasury.
This development occurred as an IMF team concluded a visit to Nairobi without securing a deal.

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