Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...

President William Ruto has defended his administration's controversial economic decisions, saying they are bearing fruit and have positioned Kenya among the leading economies in Africa, according to ...

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

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 Kenya-led mission was first approved by the Security ... Last week, the World Bank and the International Monetary Fund met in Washington to discuss a plan to rebuild Haiti’s infrastructure and ...

Chinese goods exported to the US face a tariff of 145 percent, while US exports to China face a tariff of 125 percent ...

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

The East African nation is on track to become the region's largest economy after its neighbour's currency was devalued.