IMF kenya Stories
The rise in reserves is largely attributed to IMF debt inflows and CBK's strategic net purchases of dollars.
The IMF estimates that the tax measures, which include levies on betting, phone calls, and internet data, would generate an additional Sh145 billion.
According to the IMF, reducing interest rates in a low-inflation environment risks fueling inflation and may also erode Kenya’s competitive edge in at...
Kenya's successful Eurobond issuance in February, which enabled it buy back a significant portion of the 2024 Eurobond, is the driving force behind th...
The IMF has instead recommended that Kenya focus on new revenue measures to stabilise its fiscal position, particularly in light of growing demands on...
The G2G oil import scheme was launched in March last year, intended to alleviate dollar shortages and stabilise the fuel supply in Kenya.
Tthe IMF has lowered Kenya's GDP growth forecast for the country to 5.0 per cent.
The government is working on implementing an e-government procurement system (e-GP) to move all public procurement and asset disposal transactions onl...
This funding will enhance the government's reserves, which are expected to reach $1.9 billion (Sh245 billion) by the end of the year.
The IMF requires regular reviews of reforms — in Kenya's case every six months — before it releases tranches of funding.
Atwoli decried how, in the past, blindly adopting the IMF's guidance has resulted in negative consequences for citizens and workers, as well as protes...
Credit ratings were meant to help sub-Saharan countries tap global investors to fund much-needed development.
The review becomes the third to be approved under Egypt's latest 46-month IMF loan program.
Prime Cabinet Secretary Musalia Mudavadi said that the Treasury "has had a very robust engagement with the International Monetary Fund" despite the ta...
Push for increased revenue mobilisation has taken a hit on Kenya, resulting in the anti-tax protests.
In January this year, the IMF granted Kenya a new loan of more than $941 million (Sh121.9 billion) to help reinforce Kenya's finances.
The ICPC has asked the IMF, the World Bank, and other international lenders to immediately stop assisting Kenya pending an audit of the current state...
Kenya managed to sell a new $1.5 billion Eurobond in February from international markets, albeit at a steep price, and partly paid the loan.
Treasury Cabinet Secretary Njuguna Ndung'u argues for a more equitable sharing of tax responsibilities among citizens.
In a new report, the Institute of Public Finance (IPF) says that despite cutting budgets to control government spending, high public debt service cost...
