Kenya omitted funding from the IMF in the budget starting July in the wake of uncertainty whether fresh talks could unlock multi-billion shillings loans.
By
Kepha Muiruri
Business Reporter
Nation Media Group
President William Ruto and International Monetary Fund (IMF) Managing Director Kristalina Georgieva have held talks in Nairobi in the race to unlock a new funding before July.
The government’s fiscal planning has entered a precarious holding pattern after talks between President Ruto and IMF Managing…
Without Kenya's consent, the report stays secret. And without the report's completion, there is no new IMF programme.
The World Bank has approved a $750 million (Sh97.1 billion) loan to Kenya to support budget financing and reforms, offering…
The lender has demanded that Kenya address its budget shortfall by introducing new taxes and reducing spending.
Kenya has lacked IMF support since March 2025, when the fund terminated a standing arrangement.
CBK Governor Thugge reveals the global lender is yet to disburse a Sh96.9 billion loan under its development policy operation.
