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

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 ...

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

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

National Treasury Cabinet Secretary John Mbadi has given a progress update on the ongoing International Monetary Fund (IMF) Diagnostics Program.

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

Kenya is set to receive the first instalment of the KSh 194 billion loan from the United Arab Emirates (UAE). Nairobi turned ...

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

Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for ...

Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

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