UASU petitioned the IMF Wage Bill Mission to Kenya over what it describes as persistent breaches of collective bargaining rights and long-standing pay...
The President also noted that the Fund’s continued engagement has offered vital expertise in managing external debt and technical support across multi...
The upward revision follows faster recovery in sectors previously weighed down by tight monetary policy, fiscal consolidation and policy uncertainty t...
The IMF warns that without decisive reforms in taxation, public spending efficiency and borrowing practices, the region risks falling short of its med...
The report also highlights Kenya's continued appeal as a technology and innovation hub, pointing to major investments by global giants such as Google,...
Muriithi said the Fund believes the shilling’s performance against the dollar is ‘too stable’, and the scope is interfering with monetary policy trans...
Kenya’s upgraded forecast comes amid signs of recovery in key sectors such as agriculture, services, and construction, as well as improving investor s...
With large debt-service payments looming in early 2026, the current cushion offers the government greater breathing room to plan repayments without pu...
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...
The appeal comes as many developing nations struggle with high interest rates, currency depreciation, and worsening climate shocks — factors that have...
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...
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...
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...
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...
According to the Treasury, clearing the earlier debt avoids higher interest costs in the future and spreads repayments over a longer period, providing...
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...
According to the International Labour Organisation (ILO), while the world is wealthier, healthier and better educated than in 1995, the benefits have...
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,...
In August, Thugge announced that Nairobi wants its next arrangement with the IMF to be a funded programme, which would provide direct financial resour...
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...
The arrangement will allow Kenya to channel resources into agricultural projects, irrigation, food storage infrastructure, and nutrition programmes, h...
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,...
The new Memorandum of Understanding (MoU) aims to tackle the physical and digital infrastructure deficits that have long constrained trade and economi...
The IMF highlights that several regions are registering moderate improvements in economic activity. Sub-Saharan Africa’s economy is expected to grow b...
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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