News

Kenya’s external liquidity pressure has significantly eased following the early repayment of a KSh 258 billion ($2 billion) ...
The Kenyan shilling has experienced a slight depreciation against the Tanzanian shilling, reflecting subtle shifts in ...
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 ...
A spot check on the country’s US Dollar reserves trend shows the reserves of the greenback have remained stable since January ...
Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the ...
Kenya’s central bank is targeting leading local banks to provide liquidity in the government bonds market as part of a ...
IMF last week approved a Sh78.7 billion loan in a boost to Kenya’s war on the Covid-19 but warned the country against forgetting its high debt levels. Stay informed. Subscribe to our newsletter ...
“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 ...
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.