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 ...
Moody’s suggests that Kenya’s fiscal sustainability is tied at the hip with the IMF and the World Bank with financing from ...
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.
Kenya’s central bank is targeting leading local banks to provide liquidity in the government bonds market as part of a ...
The Central Bank of Kenya (CBK) attributed the increase in public debt to domestic borrowing, which the government has been ...
“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.
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 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 ...