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The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.
CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...
Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for ...
Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...
The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” In ...
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For years, western democracies tried to balance democracy, sovereignty, and globalisation, but this balance has been ...
Former UDA secretary general Cleophas Malala has exposed alleged tax evasion, ghost workers, and smuggling scandal within ...
This, in turn, increases vulnerability, weakens growth prospects and drives up borrowing costs, shrinking fiscal space even ...
America played a less destructive role than feared at last week’s spring meetings of the World Bank and the IMF.
WFP is slashing up to 6,000 jobs; the World Bank Spring Meetings soft-pedaled on climate; and people are aging better but ...