Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...

Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

Kenya will cap its fiscal deficit at 4.5% of GDP in 2025/26, down from 5.1% the previous year, and revise its initial budget ...

Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...

The IMF projects that Kenya’s GDP will grow by 4.8 percent in 2025, which would be 0.2 percentage points lower than the five ...

The IMF has revised Kenya's 2025 economic growth forecast downward to 4.8%, citing the global economic turbulence triggered ...

Kiambu Senator Karungo wa Thang'wa has dismissed the latest International Monetary Fund (IMF) rating placing Kenya as Eastern ...