The Ruto Treasury has already omitted IMF funding from the national budget for the year starting July.
Kenya has secured a Sh43.3 billion (€293.88 million) loan from the African Development Bank (AfDB), the second major external disbursement the government has received in the last three weeks.
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The World Bank has approved a $750 million (Sh97.1 billion) loan to Kenya to support budget financing and reforms, offering…
Higher disbursements from the African Development Bank underscore Kenya’s growing shift towards multilateral financing amid…
Kenya omitted funding from the IMF in the budget starting July in the wake of uncertainty whether fresh talks could unlock…
CBK Governor Thugge reveals the global lender is yet to disburse a Sh96.9 billion loan under its development policy operation.
Kenya has lacked IMF support since March 2025, when the fund terminated a standing arrangement.
The disclosures show that AfDB hired one Kenyan last year compared to 19 from Cote D’Ivoire, four from Tunisia and six from…
