True sustainable growth isn’t just about improving numbers on paper; it requires addressing underlying weaknesses and ensuring real economic improvements ...

Central Bank of Kenya (CBK) reported a significant growth in the foreign currency reserves to $9,323 million, supporting up to 4.8 months of import cover.

Financial stability risks remain contained in the near term, although rising economic and geopolitical uncertainty increases the likelihood of adverse shocks, exposing fragilities. Chapter 1 of the ...

Global public debt is elevated. It is projected to exceed US$100 trillion in 2024 and will rise over the medium term. This chapter shows that risks to the debt outlook are heavily tilted to the upside ...

Multi-lateral lender says proposed levies on phone calls, data and betting will raise Sh145 billion against Sh209 billion.

President William Ruto’s Economic Adviser David Ndii has advised him to stop taking more loans from the International ...

In the face of mounting economic challenges and waning public patience, Treasury Cabinet Secretary John Mbadi has outlined an ...

Kenya’s economy is on the mend and the country is unlikely to need further assistance from the International Monetary Fund, according to the head of President William Ruto’s economic council.

Kenya faces an escalating debt crisis, and the IMF has warned of a heightened risk of loan default. The country’s public debt ...

Kenya asked the International Monetary Fund (IMF) to trim its access to the lender’s funds by Sh37.6 billion, noting reduced ...

Any new taxes risk sparking public outrage and potentially undermining his political support, experts and the IMF have ...

Monday, November 4, 2024 - The International Monetary Fund (IMF) has raised concerns over President William Ruto’s government ...