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 ...

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

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.

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

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 ...

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

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