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 ...

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

Kenya is negotiating an increase in electricity imports from Ethiopia by 50 to 100 megawatts (MW) to address rising domestic demand and avoid potential power ...

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 ...

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 ...

The IMF has revised Kenya's 2025 economic growth forecast downward to 4.8%, citing the global economic turbulence triggered ...

Kiambu Senator Karungo wa Thang'wa has dismissed the latest International Monetary Fund (IMF) rating placing Kenya as Eastern ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.