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Sunday, May 12, 2019

IMF engages Treasury on missed target - The Nation Online

IMF engages Treasury on missed target - The Nation Online: The International Monetary Fund (IMF) says it is still discussing with fiscal authorities on the target of primary balance—fiscal balance excluding interest payments—missed in the first half of the 2018/19 financial year.

IMF resident representative Jack Ree said in an interview yesterday that the discussions are focusing on corrective measures on the unmet target of the three-year $112 million (about K82 billion) Extended Credit Facility (ECF) programme

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