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

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 ...

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

As the government prepares to unveil its expenditure plan for the financial year 2025/2026, the Treasury will be forced to find alternative sources of funding for the Ksh.4.2 trillion budget without ...

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

Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...

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

Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.

John Mbadi revealed that Kenya missed about KSh 100 billion from the International Monetary Fund (IMF) loan programme.

Kenya’s economy is set to surpass Ethiopia’s to become East Africa’s largest this year, the International Monetary Fund said, ...