The financing from the World Bank is critical at a time when the government has found itself under mounting fiscal pressures demonstrated by missed revenue targets and the lack of a ...

Kenya’s central bank is targeting leading local banks to provide liquidity in the government bonds market as part of a ...

A planned CBK shift to bank-led bond trading has sparked concern among brokers, who fear it could sideline intermediaries and ...

Kenya’s external liquidity pressure has significantly eased following the early repayment of a KSh 258 billion ($2 billion) ...

The government will hold another round of talks with IMF officials in September in a bid to clinch the programme, the central bank chief Kamau Thugge said last month.

IMF staff and the Kenyan authorities have reached a staff-level agreement on economic policies to conclude the second reviews of the 38-month EFF/ECF financed program. Kenya would have access to ...

The International Monetary Fund (IMF) has revised upwards its earlier global economic forecast by 20 basis points on easing cost of living and relative calmness in global trade after the US paused ...

The government plans to borrow Sh635 billion this financial year. With frequent revisions of revenue targets, the fiscal ...

“What Kenya and other IMF patients should do is to first make sure poor people get enough support for subsistence. Don’t touch that. And then try to increase the size of your economy,” he said.

The IMF approved the disbursement of US$739 million to be drawn under the Rapid Credit Facility to support the authorities’ response to the COVID-19 pandemic; The COVID-19 pandemic is taking a ...