News

Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...
As the government prepares to unveil its expenditure plan for the financial year 2025/2026, the Treasury will be forced to ...
Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...
Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.
The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.
Despite the new development, concern is still rife as global factors threaten to stifle projected development.
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 ...
CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...
Kenya’s economy is set to surpass Ethiopia’s to become East Africa’s largest this year, the International Monetary Fund said, ...
Kenya will cap its fiscal deficit at 4.5% of GDP in 2025/26, down from 5.1% the previous year, and revise its initial budget ...
Angola will use its chairmanship of the African Union this year to advance the creation of a continental financial stability ...