In order to pay off the $2.0 billion (Sh297.6 billion) Eurobond that is due in June 2024, Kenya has begun discussions with the International Monetary Fund...
When the first review of the agreed-upon policy reform measures is carried out in November, Kenya will not use its new $544.3 million, or about Sh75.3...
The International Monetary Fund announced that it had struck an agreement with Kenya at the staff level that would give the country’s cash-strapped government access to...
According to the World Bank, compared to the 2000–2010 era, the economic development of developing countries will slow by over a third in the ensuing seven...
Manufacturing and other local companies that rely on the dollar to import essential raw materials and inputs are at risk due to the continuous dollar scarcity....
Kenya has received a major boost with the disbursement of Sh55.1 billion worth of Special Drawing Rights (SDRs) by the International Monetary Fund (IMF). This follows...
IMF Chief Kristalina Georgieva warned Thursday that the chance of global growth dropping below two percent — last seen during the coronavirus outbreak and the global...
Kenya is set to receive Sh52.7billion (USD433million) from the International Monetary Fund (IMF) as part of the Sh284.8billion (USD2.34 billion) facility approved in April last...
Economic activity in sub-Saharan Africa is expected to slow down significantly in 2022 and remain relatively modest in 2023, which has undermined economic gains, the International...
The Institute of Public Finance (IPF) has asked the National Treasury to explain the funding of specific projects funded through Ksh41.8 billion received from the International...