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 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 ...

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

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

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...

Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.

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

BCLB raised concerns over the proliferation of gambling activities across the country, saying promoters mischaracterise it as ...

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

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...