The International Monetary Fund (IMF) has announced that it has completed a two-week governance audit of Kenya’s financial ...

Treasury CS John Mbadi has revealed that the Teachers' Service Commission (TSC) and school capitation funds are among the key ...

Kenya’s mass 2024 protests were a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial ...

Kenya will now likely have to submit a new revenue plan to the IMF, analysts said. On Friday, Ruto announced new austerity measures expected to fill the gap caused by the withdrawn tax bill.

Kenya seeks new IMF loan deal, says no disagreements with Fund. By Duncan Miriri. March 24, 2025 4:52 PM UTC Updated March 24, 2025 General view of the Nairobi Expressway along Waiyaki ...

NAIROBI (Reuters) - The executive board of the International Monetary Fund has approved the seventh and eighth reviews of Kenya's program, the IMF said on Wednesday, paving the way for the cash ...

The IMF reached a staff level agreement with Kenya in early June on a policy package needed to complete the lending programme's seventh review, expected to unlock a disbursement of several hundred ...

Kenya agreed a four-year loan with the IMF in 2021, and signed up for additional lending to support climate change measures in May 2023, taking its total IMF loan access to $3.6 billion.

The IMF has committed $4.4 billion to Kenya, and the World Bank anticipates $12 billion in support from 2024 to 2026. Yet, the program negotiated with the IMF requires steep spending cuts and ...

NAIROBI, Kenya—Kenya, east Africa’s largest economy, has secured a $1.5 billion loan from the International Monetary Fund, a facility it is allowed to tap only in case of emergency. The IMF ...

The executive board of the International Monetary Fund has approved the seventh and eighth reviews of Kenya's program, the IMF said on Wednesday, paving the way for the cash-strapped government to ...

Unfortunately, Kenya is not an isolated case. Twenty-one African countries are receiving IMF support. In Africa, debt service, on average, exceeds the combined amounts governments are spending on ...