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IMF Director Lagarde Warns of Looming Shocks in Kenya

The International Monetary Fund's Christine Lagarde this week urged Kenya to decentralize management and fiscal powers to address large infrastructure gaps and lead in regional economic integration. As the managing director of the the International Monetary Fund (IMF), Lagarde spoke to a group of investors, diplomats and civil society organizations at several venues including Kenya's parliament in Nairobi. Lagarde said Kenya stands a good chance to lift the region economically...

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