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The Star on MSNIMF adjusts global economic growth upwards to 3% in 2025The International Monetary Fund (IMF) has revised upwards its earlier global economic forecast by 20 basis points on easing cost of living and relative calmness in global trade after the US paused ...
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 ...
Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the ...
Moody’s suggests that Kenya’s fiscal sustainability is tied at the hip with the IMF and the World Bank with financing from ...
11d
Tuko News on MSNList of domestic debt instruments govt uses to borrow KSh 6.3t from KenyansThe 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 ...
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The East African on MSNKenya: CBK eyes top local banks for cash in treasury bond market reformsKenya’s central bank is targeting leading local banks to provide liquidity in the government bonds market as part of a ...
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 ...
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