News

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...
Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...
The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.
The IMF estimates Kenya’s gross domestic product (GDP) will rise to $132 billion in 2024, overtaking Ethiopia’s expected $117 ...
Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...
President William Ruto has defended his administration's controversial economic decisions, saying they are bearing fruit and have positioned Kenya among the leading economies in Africa, according to ...
Kenya is negotiating an increase in electricity imports from Ethiopia by 50 to 100 megawatts (MW) to address rising domestic demand and avoid potential power ...
Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.
UAE loan was negotiated last year at a rate of 8.25 percent, as the government sought to widen its external financing options ...
Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...
Treasury Cabinet Secretary John Mbadi, on Monday, April 21, held discussions with International Monetary Fund (IMF) officials ...