UPDATE 1-IMF sees slower Kenya growth, approves extra funds

Newswire

* Says need for slower growth in credit to private sector * Says need for more tightening of monetary policy * Sees slower GDP growth in 2011 (Adds details, background) By Beatrice Gachenge and George Obulutsa NAIROBI, Oct 31 (Reuters) - The International Monetary Fund on Monday trimmed its 2011 growth outlook for Kenya on Monday and backed further funds to boost the country's foreign exchange reserves to help tackle a widening balance of payments gap. The Washington-based body ...

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