Kenya strikes loan deal

Kenya strikes loan deal

The International Monetary Fund has reached an agreement with the government of Kenya to tackle corruption and improve governance which, if implemented, would allow resumption of a crucial multi-million-dollar loan. But before the $220m (pounds 140m) loan could be released the government of President Daniel arap Moi must act on a series of tough IMF conditions - something it may find difficult in an election year. AP - Nairobi

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