News

Kenya's finance minister will present a budget on Thursday aimed at boosting revenues to service debt while avoiding tax ...
Kenya is on a trajectory of sustained economic growth but also faces potential risks from global trade sanctions, market ...
The Kenya Shilling is expected to remain stable, consistent with the expected stability in the current account balance, and ...
CBK Governor Kamau Thugge said that the government will take advantage of the IMF’s regular health check of member countries.
The Central Bank of Kenya (CBK) has confirmed that Kenya will begin discussions with the International Monetary Fund (IMF) in September over a new funding arrangement and an Article IV consultation.
Kenya's government was set to present its budget to parliament on Thursday, carefully prepared to avoid a repeat of massive ...
Kenya's central bank cut its benchmark lending rate for the sixth meeting in a row on Tuesday but by a smaller margin, saying ...
NAIROBI (Reuters) -Kenya and the International Monetary Fund (IMF) will discuss a new lending programme and abandon the current one, as the country struggles to get its economy back on track after ...
The IMF program in Kenya has already introduced sweeping reforms, some of which exacerbated the cost-of-living crisis. These include doubling the value added tax on fuel without any compensatory ...
Danny Bradlow is a Compliance Officer in the Social and Environmental Unit (SECU) of the United Nations Development Program, the UNDP's independent accountability mechanism. Kenya’s mass 2024 ...
NAIROBI, Kenya—Kenya, east Africa’s largest economy, has secured a $1.5 billion loan from the International Monetary Fund, a facility it is allowed to tap only in case of emergency.
The IMF's statement did not mention a Resilience and Sustainability Facility, approved for Kenya in July 2023, which had by the end of last October disbursed $180.4 million of the total $541.3 ...