IMF kenya Stories

University lecturers petition IMF over unpaid wages, SRC interference in Kenya
Lucy Mumbi  |  Dec 07, 2025

UASU petitioned the IMF Wage Bill Mission to Kenya over what it describes as persistent breaches of collective bargaining rights and long-standing pay...

Ruto backs IMF partnership as key to Kenya’s debt, economic reforms
Lucy Mumbi  |  Dec 04, 2025

The President also noted that the Fund’s continued engagement has offered vital expertise in managing external debt and technical support across multi...

Ruto says NSSF contributions double in two years, could hit Sh1 trillion by 2027
Rachael Mutabasi  |  Dec 02, 2025

President Ruto reiterated that his prudent debt management decisions had significantly strengthened Kenya’s economic standing.

World Bank upgrades Kenya’s growth outlook to 4.9 per cent, warns of elevated risks
Alfred Onyango  |  Nov 25, 2025

The upward revision follows faster recovery in sectors previously weighed down by tight monetary policy, fiscal consolidation and policy uncertainty t...

Africa’s share of global extreme poverty rose by 30 per cent in 10 years - World Bank
Alfred Onyango  |  Nov 22, 2025

Globally, the analysis shows that the geographic distribution of extreme poverty has undergone a major transformation.

Revenue raise, prudent debt key to Africa’s 2026 upgraded growth prospects - IMF
Alfred Onyango  |  Nov 20, 2025

The IMF warns that without decisive reforms in taxation, public spending efficiency and borrowing practices, the region risks falling short of its med...

World Bank urges shift to local currency loans in Africa
Alfred Onyango  |  Nov 07, 2025

The continent accounted for over $15 billion (Sh1.9 trillion) of IFC commitments last year, with roughly 30 per cent already in local currencies.

Kenya ranked 10th in Africa’s most attractive investment destinations
Bashir Mbuthia  |  Oct 29, 2025

The report also highlights Kenya's continued appeal as a technology and innovation hub, pointing to major investments by global giants such as Google,...

IMF questions Kenya’s exchange rate policy amid new funding negotiations
Alfred Onyango  |  Oct 25, 2025

Muriithi said the Fund believes the shilling’s performance against the dollar is ‘too stable’, and the scope is interfering with monetary policy trans...

IMF revises Kenya’s 2025 growth forecast upward to 4.8 per cent
Alfred Onyango  |  Oct 17, 2025

Kenya’s upgraded forecast comes amid signs of recovery in key sectors such as agriculture, services, and construction, as well as improving investor s...

Kenya’s foreign exchange reserves hit all time high on new Eurobond
Alfred Onyango  |  Oct 17, 2025

With large debt-service payments looming in early 2026, the current cushion offers the government greater breathing room to plan repayments without pu...

IMF trims 2025 global growth outlook to 3.2 per cent amid rising uncertainty
Alfred Onyango  |  Oct 16, 2025

Global trade volumes are expected to rise by 2.9 per cent on average over the next two years, down from 3.5 per cent in 2024, while global headline in...

Experts warn developing nations’ debt burden denies millions essential services
Bashir Mbuthia  |  Oct 14, 2025

The appeal comes as many developing nations struggle with high interest rates, currency depreciation, and worsening climate shocks — factors that have...

Jobs created in Africa mostly low-quality, informal - World Bank
Alfred Onyango  |  Oct 11, 2025

In its latest edition of Africa’s Pulse report, the lender reckoned that wage jobs and productive employment are scant in the region, as medium-sized...

Kenya seeks World Bank, EU support to remove toxic asbestos roofs
Maureen Kinyanjui  |  Oct 11, 2025

Asbestos, once a popular building material in the 1970s for its heat and sound resistance, was banned in Kenya in 2006 after it was linked to severe i...

Global economic outlook dims as IMF warns of prolonged uncertainty
Alfred Onyango  |  Oct 10, 2025

While the IMF’s most recent forecast in July projected global GDP growth at 3.0 per cent for 2025, down from 3.3 per cent in 2024, new projections exp...

Kenya confident of new IMF funding deal amid improved economic outlook
Alfred Onyango  |  Oct 08, 2025

The final details of the new IMF-funded program are expected to be announced following the conclusion of the talks on Thursday. The recently concluded...

Kenya spends Sh7 of every Sh10 collected on debt repayment - report
Maureen Kinyanjui  |  Oct 08, 2025

Unlike external loans that face strict lender scrutiny, domestic borrowing remains largely unchecked, making it more prone to misuse.

Kenya secures Sh193 billion loan to cut borrowing costs, boost stability
Maureen Kinyanjui  |  Oct 03, 2025

According to the Treasury, clearing the earlier debt avoids higher interest costs in the future and spreads repayments over a longer period, providing...

IMF says elections, climate shocks threaten Tanzania’s economic gains
Maureen Kinyanjui  |  Sep 26, 2025

The Fund observed that the country’s output expanded by 5.4 per cent in the first three months of 2025, but warned that deeper reforms are needed to p...

Inequality, fragile trust threatening global progress on social justice - ILO
Alfred Onyango  |  Sep 25, 2025

According to the International Labour Organisation (ILO), while the world is wealthier, healthier and better educated than in 1995, the benefits have...

When the IMF comes to town: Why they visit and what to watch out for
The Conversation  |  Sep 24, 2025

The IMF provides the financing on an unsecured basis. It tries to ensure that it will be repaid by making the financing subject to policy conditions,...

IMF mission heads to Nairobi for talks on fresh loan negotiations as debt pressures mount
Bashir Mbuthia  |  Sep 24, 2025

In August, Thugge announced that Nairobi wants its next arrangement with the IMF to be a funded programme, which would provide direct financial resour...

Ethiopia’s debt ‘unsustainable,’ World Bank-IMF warn as country remains in debt distress
Addis Standard  |  Sep 20, 2025

The assessment highlights that Ethiopia’s repayment risks are aggravated by “bunching of debt service in the near to medium term” and by the sharp dec...

Kenya set to raise Sh370 billion with first-ever debt-for-food swap
Maureen Kinyanjui  |  Sep 11, 2025

The arrangement will allow Kenya to channel resources into agricultural projects, irrigation, food storage infrastructure, and nutrition programmes, h...

Sidi Ould Tah takes helm at AfDB, unveils 100-day reform plan
Alfred Onyango  |  Sep 03, 2025

Ould Tah becomes the ninth president of the regional lender that plays a vital role in financing development projects across the continent.

Nearly entire global population exposed to harmful environments - World Bank
Maureen Kinyanjui  |  Sep 02, 2025

The report highlights that in low-income countries the situation is even worse, with eight out of ten people lacking all three essentials: clean air,...

AfDB, AfCFTA and Africa50 sign MoU to unlock continent’s trade potential
Alfred Onyango  |  Aug 30, 2025

The new Memorandum of Understanding (MoU) aims to tackle the physical and digital infrastructure deficits that have long constrained trade and economi...

IMF revises global growth outlook to 3 per cent for 2025
Maureen Kinyanjui  |  Jul 31, 2025

The IMF highlights that several regions are registering moderate improvements in economic activity. Sub-Saharan Africa’s economy is expected to grow b...

At least 22 dead in Angola amid protests over fuel price hike
Bashir Mbuthia  |  Jul 31, 2025

Reports indicate that over 200 people have been injured and more than 1,200 arrested during the demonstrations, which were marked by widespread vandal...

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