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Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the ...
The financing from the World Bank is critical at a time when the government has found itself under mounting fiscal pressures demonstrated by missed revenue targets and the lack of a ...
Moody’s suggests that Kenya’s fiscal sustainability is tied at the hip with the IMF and the World Bank with financing from ...
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 ...
The Central Bank of Kenya (CBK) attributed the increase in public debt to domestic borrowing, which the government has been ...
“What Kenya and other IMF patients should do is to first make sure poor people get enough support for subsistence. Don’t touch that. And then try to increase the size of your economy,” he said.
IMF staff and the Kenyan authorities have reached a staff-level agreement on economic policies to conclude the second reviews of the 38-month EFF/ECF financed program. Kenya would have access to ...
At the request of the Kenyan authorities, an IMF Technical Assistance mission led by Rebecca A. Sparkman visited Kenya from June 16-30, 2025, to conduct a Governance Diagnostic. This mission followed ...
The IMF approved the disbursement of US$739 million to be drawn under the Rapid Credit Facility to support the authorities’ response to the COVID-19 pandemic; The COVID-19 pandemic is taking a ...