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Kenya well placed to tap financial markets: IMF

Wed, 04 Dec 2013 14:29:57 GMT

Kenya is well placed to borrow from the international financial markets when it debuts its $2 billion sovereign bond next month, the International Monetary Fund has said. This is based on the country's improved fiscal management. The IMF also announced an immediate disbursement of $110 million to east Africa's biggest economy. CNBC Africa is joined by Ragnar Gudmundsson, the IMF Kenya Resident Representative.



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