Kenya requested a new IMF programme after its previous $3.6 billion deal ended in April last year on the back of failure to meet agreed conditions, prompting the Treasury to omit loans from the...
By
Kepha Muiruri
Business Reporter
Nation Media Group
Kenya has revived talks with the International Monetary Fund (IMF) for a new support plan that will unlock loans and set up taxpayers to painful conditions.
Kenya has lacked IMF support since March 2025, when the fund terminated a standing arrangement.
Kenya omitted funding from the IMF in the budget starting July in the wake of uncertainty whether fresh talks could unlock…
The Ruto administration has resorted to Bretton Woods amid mounting public debt and fiscal pressures.
The World Bank has approved a $750 million (Sh97.1 billion) loan to Kenya to support budget financing and reforms, offering…
The government’s fiscal planning has entered a precarious holding pattern after talks between President Ruto and IMF Managing…
The Ruto Treasury has already omitted IMF funding from the national budget for the year starting July.
