Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...

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 ...

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

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

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 ...

Kenya is set to receive the first instalment of the KSh 194 billion loan from the United Arab Emirates (UAE). Nairobi turned ...

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

The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” In ...