IMF
IMF approves Ksh150B new loan for Kenya
By Ascah Mwango | 3 months ago
The International Monetary Fund (IMF) gave the green light for a new loan to Kenya to alleviate the country’s financial pressure. In a statement...
IMF: Why we gave Kenya Sh255 billion loan
By Joel Muinde | 3 years ago
IMF statement on the extension of the Kenyan loan outlines what the funds will go towards in the next 38 months....
Kenyans petition IMF to stop loaning country after approval of Sh257bn facility
By BBC | 3 years ago
Kenyans online have quoted President Uhuru Kenyatta's statement that the country loses two billion shillings daily to corruption....
Kenyan lands top job as IMF Secretary
By Team | 4 years ago
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced her intention to name Ceda Ogada as the Secretary of the F...
IMF approves Sh78.4bn loan to shield Kenya economy from Covid-19 shock
By Joel Muinde | 4 years ago
So far, Kenya had 581 Covid-19 cases, with two key markets in its two cities having been put on lockdown to curb the spread of the novel coronavirus....
Yatani says Sh6.2 trillion public debt affordable, still space for extra borrowing
By Hillary Mageka | 4 years ago
Despite borrowing level being at 58 per cent of GDP, Treasury maintains that the debt is manageable and affordable....
Kituyi: Why China and other lenders should postpone African debt repayment
By Joel Muinde | 4 years ago
UNCTAD boss Mukhisa Kituyi says President Uhuru Kenyatta has the goodwill internationally to lead an African debt moratorium campaign....
Kenya, IMF set for Sh153 billion standby loan talks
By Team | 4 years ago
IMFs MD, Kristalina Georgieva, raised concern about Kenya's rising debt at almost 60 percent of gross domestic product....
IMF cuts Kenya’s economic growth forecast for 2019 and 2020
By Team | 4 years ago
Kenya has enjoyed rapid growth in recent years, but critics say it is not enough to lift many citizens out of poverty....