According to Director general for budget, fiscal and economic affairs at the National Treasury, Geoffrey Mwau, Kenya is almost reaching an agreement with the International Monetary Fund on a new standby loan facility.
Discussion on the facility comes as Kenya is said to plan to offer $2 billion (Sh202 billion) of Eurobonds in the first half of this year.
“We are more or less in agreement on the facility,” said Mr Mwau.