• About
  • Advertise
  • Privacy & Policy
  • Contact
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.
Advertisement
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
No Result
View All Result
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
No Result
View All Result
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.
No Result
View All Result
Home News

Kenya in Talks with IMF in Anticipation of Sh200 Billion Third Eurobond Loan

by
17th April 2019
in News
0
Kenya in Talks with IMF in Anticipation of Sh200 Billion Third Eurobond Loan
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Kenya is in the process of being issued with the Sh200 Billion ($2 Bn) Eurobond, but also in talks with the International Monetary Fund (IMF)for a standby facility.

According to the Central Bank Governor Dr. Patrick Njoroge, a similar arrangement was negotiated in September 2018 but was never met as it was caught with time.

“The Eurobond that we are thinking of has already been anticipated in the budget. And this is trying to roll-over the previous Eurobond that is expiring sometime in June. It will not lead to new additional financing.” CBK Governor @njorogep on Bloomberg

IMF has been Kenya’s partner in helping it cushion the country against significant events that negatively affect the economy.

In September 2018, Kenya’s precautionary loan with the IMF expired after the country failed to meet certain conditions set by the lending institution.

IMF which is a Washington based organization also supported the annulment of the law on lending rate cap by the High Court in March.

“The court ruling against the rate cap, despite retaining the measure for a temporary period, will boost confidence in the financial sector and the regulatory environment, to the benefit of the wider economy.” Said IMF

The organization, however, will have to wait a bit longer for the reforms to be implemented before putting pen on paper, despite saying that the ruling was bound to improve Kenya’s prospect of securing another standby arrangement.

PLOTS AND HOUSES FOR SALE
Kenya2U has Great Property Deals Just for You!
• Intercity Gardens in Kitengela@ Ksh1.895M
• Tinga Springs in Kajiado @ Ksh99,000
• Ruaka Ridge homes in Ruaka @ Ksh7.1M
• Grey Oak property in Nanyuki @ Ksh350,000
• Grey Oak property in Athi River @ Ksh450,000
• Blue Bells Apartment along Beijing Road @Ksh7.4M
• inFinity Properties in Kantafu @Ksh 625,000
Call 0742343908 to Book yours Now!

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to print (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Skype (Opens in new window)

Like this:

Like Loading...

Related

Previous Post

Indian Firm to Launch Largest Online Food Platform in Kenya

Next Post

NIC’s BeeDee Online Bid Bond Platform

Next Post
NIC’s BeeDee Online Bid Bond Platform

NIC’s BeeDee Online Bid Bond Platform

  • Trending
  • Comments
  • Latest

Do You Know the Requirements for Your Passport Collection in Kenya?

9th October 2023
Chilli Farming in Kenya, The Untapped Venture

Chilli Farming in Kenya, The Untapped Venture

17th January 2025
kenya2uhub.com

List of Chinese Construction Companies in Africa

5th February 2021
Raspberry Farming in Kenya: the sign of sucess

Raspberry Farming in Kenya: the sign of sucess

14th February 2022
Kenyans in UAE Diaspora to Benefit from EXPO 2020 Dubai

Kenyans in UAE Diaspora to Benefit from EXPO 2020 Dubai

3
Influencer marketing in Kenya. Image is a collage of camera, tablet with a social feed showing on screen and other pieces used for digital content creation.

Why You Should Be Considering The Use Of Influencers In Your Business – Let’s Talk Digital.

1

Aljazera interview with Uhuru – Tuesday 22nd

0

Tazama

0
President Ruto Lauds Kenyan Diaspora for  Significant Contribution to Country’s Economy

President Ruto Lauds Kenyan Diaspora for Significant Contribution to Country’s Economy

31st January 2025

The First Volkswagen Beetle Ambassador in Kenya; Chief Njiiri wa Karanja

30th January 2025
Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

23rd January 2025
Looking for a Market for Your Chilli Produce?

Looking for a Market for Your Chilli Produce?

23rd January 2025

Recent News

President Ruto Lauds Kenyan Diaspora for  Significant Contribution to Country’s Economy

President Ruto Lauds Kenyan Diaspora for Significant Contribution to Country’s Economy

31st January 2025

The First Volkswagen Beetle Ambassador in Kenya; Chief Njiiri wa Karanja

30th January 2025
Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

Hyatt Hotels Corporation Debuts in Kenya with the Opening of Hyatt Regency Nairobi Westlands

23rd January 2025
Looking for a Market for Your Chilli Produce?

Looking for a Market for Your Chilli Produce?

23rd January 2025
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.

Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.

Follow Us

Browse by Category

  • Ads & Trades
  • Business
  • Entertainment
  • Fintech
  • Food
  • Gaming
  • Hospitality
  • KCB DIASPORA AGENT
  • Lifestyle
  • News
  • News
  • Real Estate
  • Sports
  • Tech
  • Travel
  • World

Recent News

President Ruto Lauds Kenyan Diaspora for  Significant Contribution to Country’s Economy

President Ruto Lauds Kenyan Diaspora for Significant Contribution to Country’s Economy

31st January 2025

The First Volkswagen Beetle Ambassador in Kenya; Chief Njiiri wa Karanja

30th January 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© Copyright 2022 Kenya2uhub.com Powered by Domains Africa Technologies

No Result
View All Result
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
 

Loading Comments...
 

    %d bloggers like this: