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Kenya Returns to IMF for Fresh Loans as Fiscal Pressure Tightens Grip on Treasury
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Kenya has formally reopened negotiations with the International Monetary Fund in a decisive move that underscores the depth of its fiscal strain. The government is seeking a new multi-year financing arrangement to plug a widening budget deficit while simultaneously pursuing privatization of key state-owned enterprises
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Kenya has formally reopened negotiations with the International Monetary Fund in a decisive move that underscores the depth of its fiscal strain. The government is seeking a new multi-year financing arrangement to plug a widening budget deficit while simultaneously pursuing privatization of key state-owned enterprises
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