Ruto secures Sh43bn loan

The Ruto Treasury has already omitted IMF funding from the national budget for the year starting July...

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Kenya has secured a significant financial boost with a new loan amounting to Sh43.3 billion (approximately €293.88 million) from the African Development Bank (AfDB).

The loan represents the second major external disbursement to the Kenyan government in the past three weeks.
The critical financial support comes from the African Development Bank (AfDB).
This new financing follows closely behind another substantial external loan, indicating ongoing efforts to bolster the nation's financial resources.

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