IMF

President William Ruto with IMF Managing Director Kristalina Georgieva in September 2023. PHOTO/PCS
IMF approves Ksh150B new loan for Kenya

By | 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...

Ms. Antoinette Sayeh
IMF: Why we gave Kenya Sh255 billion loan

By | 3 years ago

IMF statement on the extension of the Kenyan loan outlines what the funds will go towards in the next 38 months....

The International Monetary Fund has approved immediate debt service relief for 19 African countries for an initial period of six months. [PHOTO | COURTESY]
Kenyans petition IMF to stop loaning country after approval of Sh257bn facility

By | 3 years ago

Kenyans online have quoted President Uhuru Kenyatta's statement that the country loses two billion shillings daily to corruption....

Ceda Ogada
Kenyan lands top job as IMF Secretary

By | 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...

The International Monetary Fund has approved immediate debt service relief for 19 African countries for an initial period of six months. [PHOTO | COURTESY]
IMF approves Sh78.4bn loan to shield Kenya economy from Covid-19 shock

By | 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....

Ukur Yatani
Yatani says Sh6.2 trillion public debt affordable, still space for extra borrowing

By | 4 years ago

Despite borrowing level being at 58 per cent of GDP, Treasury maintains that the debt is manageable and affordable....

Mukhisa Kituyi
Kituyi: Why China and other lenders should postpone African debt repayment

By | 4 years ago

UNCTAD boss Mukhisa Kituyi says President Uhuru Kenyatta has the goodwill internationally to lead an African debt moratorium campaign....

Kristalina Georgieva
Kenya, IMF set for Sh153 billion standby loan talks

By | 4 years ago

IMFs MD, Kristalina Georgieva, raised concern about Kenya's rising debt at almost 60 percent of gross domestic product....

NYS garment factory
IMF cuts Kenya’s economic growth forecast for 2019 and 2020

By | 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....

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