Kenya

IMF provides Kenya with fund for drought relief operation

NAIROBI, Dec 28, 2004 (Xinhua via COMTEX) -- The International Monetary Fund ( IMF) has provided Kenya with an additional 6.1 billion shillings ( 77.6 million US dollars) in addition to the 332.2 million dollars already given to address the recent drought, The Standard newspaper reported on Tuesday.
The initial funding to Kenya stood at 20 billion shillings (254. 6 million US dollars) but this was raised to 26.1 billion shillings (332.2 million US dollars) to deal with the effects of the drought experienced in the country, the report said.

Kenyan President Mwai Kibaki said recently frequent droughts have impacted negatively on his country's food security, urging the international community to support Kenya's efforts to develop irrigation agriculture to avoid excessive reliance on rain-fed agriculture.

In August, the United Nations appealed for nearly 100 million dollars to help over 3 million drought victims of Kenya facing food shortages.