Kenya finally to get IMF loan
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The International Monetary Fund (IMF) has backed a $35m (Â£19m) loan to Kenya, with the loan scheduled for December, seven months later than expected.
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The International Monetary Fund board on Friday agreed to a request by Argentina to reschedule $1 billion in loan repayments, IMF sources said on condition of anonymity.
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The World Bank said on Wednesday it had approved a $600 million loan for India to help it revamp thousands of ailing rural cooperative banks and fight village poverty through cheap loans.
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NAIROBI, Dec. 27 -- Waiting in hours-long lines and in some cases queuing up well before dawn, Kenyans streamed to the polls by the millions Thursday in what was shaping up to be the most open and competitive presidential election since the country gained independence from Britain in 1963.
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Turkey reaches a draft agreement with the International Monetary Fund to borrow an extra $10bn over the next three years.
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The International Monetary Fund's  board of government shareholders on Wednesday approved $436  million in assistance to Iraq, its first ever loan to the  country, a fund official said.
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The International Monetary Fund on  Wednesday approved $436 million in emergency lending to Iraq  and said it hoped its backing would generate additional  international economic support, including debt relief.
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KARACHI: The International Monetary Fund has agreed to help Pakistan develop a framework for the release of quarterly gross domestic product data, a senior finance ministry official said.
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Kenyaâs fight against graft received a major boost yesterday when it was dropped from the black list of the most corrupt nations.
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MANDERA, Kenya  - Election time, and a bus ambles across the sand, dodging potholes and rattling plastic milk-containers on its roof as it slowly comes into view. The capital letters on its side spell out a single name: Lampard.
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The World Bank agrees a $12bn loan fund for India and promises to take a more open-handed approach.
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Kenya's President Mwai Kibaki said on Saturday he was ready to form a government of national unity to end post-election violence that has killed 300 people and forced 250,000 to flee their homes.
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NAIROBI, Feb. 1 -- Kenyan President Mwai Kibaki and opposition leader Raila Odinga agreed Friday on a plan to end weeks of post-election violence that has brought this East African country to the edge of disaster.
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The International Monetary Fund starts talks with Kenya which could result in the release of a delayed loan to the country.
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Forty-five rich and middle-income nations agreed yesterday to provide a record $25.1 billion to the World Bank for generous-term loans and grants to the world's poorest countries. But for the first time since Dwight D. Eisenhower pushed for the creation of the bank's arm for helping the poorest of...
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Kenya's ruling party and opposition have agreed to form a joint government in an effort to end the bloodshed that has engulfed the country since the disputed Dec. 27 presidential election
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The Kenyan government on Wednesdayevening confirmed the release of its three nationals who had been kidnapped in Iraq more than a month ago, saying they will return home soon.