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

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

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

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.

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

The IMF estimates Kenya’s gross domestic product (GDP) will rise to $132 billion in 2024, overtaking Ethiopia’s expected $117 ...

The IMF has revised Kenya's 2025 economic growth forecast downward to 4.8%, citing the global economic turbulence triggered ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.

Chinese goods exported to the US face a tariff of 145 percent, while US exports to China face a tariff of 125 percent ...

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