News

Reflecting on this year's IMF/World Bank Spring Meetings, one word lingers in my mind: uncertainty. The shifting global geopolitical landscape loomed large--none more so than the US administration's ...
Kenya’s economy grew at its slowest pace since the coronavirus pandemic after it was battered by deadly protests and floods.
As the world knows, the people of Kenya made their frustrations against the IMF known last year, with protests against IMF fiscal and austerity policies. And this unrest led to President William Ruto ...
Kenya has found itself dictated by the whims of the global financial markets, as any sentiment, including from the headlines ...
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 ...
Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.
Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.
Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...
Despite the new development, concern is still rife as global factors threaten to stifle projected development.