UAE loan was negotiated last year at a rate of 8.25 percent, as the government sought to widen its external financing options ...

Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other ...

Kenya's Central Bank Governor Kamau Thugge said the nation is considering adding gold to its reserves to diversify from other ...

Macroeconomic—and therefore political—developments in Kenya in 2024 were dominated by IMF projections for government debt.When, in mid-2024, IMF staff projected that public debt was on a rising ...

The Interior and National Coordination PS also risks a fine of Sh500,000 for skipping three consecutive invitations to appear ...

Confidence in the British economy has plunged to a record low as shoppers brace for the impact of Donald Trump’s trade wars.

BEIJING (AP) — Kenyan President William Ruto pledged to build closer ties with China on Thursday, a day after saying a global ...

Emerging markets bond investors hope Gabon's new government will quickly secure a new IMF programme, with lower oil prices set to strain an already tricky fiscal and liquidity picture. Gabon held a ...

Jubilee party Secretary General Jeremiah Kioni cautioned President William Ruto against negative criticism of the United ...

Turkey's central bank chief said that monetary policy has been "proactive" and has contained re-dollarisation risks, with ...

US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to ...

As a result of the Trump tariffs, the fund has downgraded the global economic growth to 2.8%, a significant drop from the ...