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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.
Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...
Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...
Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.
Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...
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 ...
Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...
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.
Kiambu Senator Karungo wa Thang'wa has dismissed the latest International Monetary Fund (IMF) rating placing Kenya as Eastern ...
Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid ...
(Bloomberg) -- Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other currencies, according to the country’s central bank governor.