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 ...

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

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

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

Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...

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

Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for ...

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

Kenya has set a three-year roadmap (July 1, 2024 to June 30, 2027) to consolidate all government assets and liabilities into ...

Kenya’s economy is set to surpass Ethiopia’s to become East Africa’s largest this year, the International Monetary Fund said, ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.