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

The IMF estimates Kenya’s gross domestic product (GDP) will rise to $132 billion in 2024, overtaking Ethiopia’s expected $117 ...

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

The IMF projects that Kenya’s GDP will grow by 4.8 percent in 2025, which would be 0.2 percentage points lower than the five ...

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 ...

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

Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.

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

Treasury Cabinet Secretary John Mbadi, on Monday, April 21, held discussions with International Monetary Fund (IMF) officials ...

Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...