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Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...
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Tuko News on MSNIMF: Kenya to meet new conditions set for new loan from lender after terminating KSh 465b programmeCBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...
13h
AllAfrica on MSNRuto Defends Unpopular Policies, Cites IMF Data Showing Kenya Among Top African EconomiesPresident 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 ...
The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.
Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.
1d
Tuko News on MSNKenya Taps Select Investors with KSh 68.8 Billion Loan Deal: "Due in 2032"President William Ruto's administration intended to borrow KSh 355.5 billion in external financing for the current fiscal ...
18h
The East African on MSNChina backs Kenya in trade justice fight, reaffirms firm tariff stanceChinese goods exported to the US face a tariff of 145 percent, while US exports to China face a tariff of 125 percent ...
Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for ...
Despite the new development, concern is still rife as global factors threaten to stifle projected development.
On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...
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