The International Monetary Fund (IMF) will provide Kenya with access to US$410 million once the IMF’s Executive Board, which is set to meet in the coming...
The International Monetary Fund (IMF) on April 7 posted a statement on its official website revealing the reason why it loaned Kenya Sh255 billion. The loan...
The International Monetary Fund (IMF) board will on Friday decide whether to grant Kenya’s request of $2.4B (Ksh 261B) loan. This was a statement said by...
Through a communiqué released on Thursday, March 18th, the International Monetary Fund (IMF) raised concerns over Kenya’s rising debt levels and called on the government to...
Kenya spent approximately $2.4 billion (KSh250 billion) last year fighting the social-economic pressures of COVID-19 – accounting for 2.4% of the GDP. According to the latest...
The world’s economic recovery from the COVID-19 pandemic still remains difficult despite breakthroughs in vaccine development. “…the economic path ahead remains difficult and prone to setbacks,”...
The international Monetary Fund has pledged to continue loaning sub-Saharan countries into 2021. This year, the institution released $16 billion in loans and debt relief as...
The International Monetary Fund (IMF) and the World Bank have released $50 million to Kenya to assist in dealing with the adverse impact of the COVID-19...