/ 19 October 2000

KENYA’S AID DROUGHT COMES TO AN END

THE International Monetary Fund has increased its loan programme for Kenya by $52m to help the East African nation deal with the effects of one of its most severe droughts ever. The Washington-based lending agency said it would increase its three year poverty-reduction loan to $247m, including $26 million which would be made immediately available. But the IMF has warned that the Kenyan government must still address the thorny issue of corruption even as it grapples with drought. – Reuters