Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

The IMF estimates Kenya’s gross domestic product (GDP) will rise to $132 billion in 2024, overtaking Ethiopia’s expected $117 ...

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...

Kenya has set a three-year roadmap (July 1, 2024 to June 30, 2027) to consolidate all government assets and liabilities into ...

President William Ruto's administration intended to borrow KSh 355.5 billion in external financing for the current fiscal ...

The IMF expects the Kenyan economy to grow at a slower pace of 4.81 percent compared to an earlier estimate in October, 2024.

Despite the new development, concern is still rife as global factors threaten to stifle projected development.

Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.

Treasury Cabinet Secretary John Mbadi, on Monday, April 21, held discussions with International Monetary Fund (IMF) officials ...

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 ...