IMF ready to boost financing to Kenya over drought

Published on 26 August 2011

The International Monetary Fund (IMF) is ready to increase the existing loans to Kenya to support disaster relief and boost recovery. (..) The Horn of Africa is undergoing severe drought and famine, with the World Food Program pointing out that about 800,000 refugees have fled the famine in Somalia alone to go to Ethiopia, Kenya, and Djibouti.

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