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IMF Opposes Extension Of Electricity Subsidy, Prices Set To Go High

The cost of electricity is set to go high as the International Monetary Fund (IMF) opposes the cheap expansion of Kenya Power subsidy. According...

IMF Officials Arrive In Kenya As Gov’t Seek Additional Loan

Officials from the International Monetary Fund (IMF) arrived in Nairobi, Kenya ahead of talks on additional loans. The delegate which is led by Mary...

IMF Recommends Shielding Of MPESA Ahead Of CBK Digital Shilling Plan

The International Monetary Fund (IMF) has given a recommendation to safeguard mobile money transfer platform M-PESA and banks from unfair competition by the planned...

Kenya To Receive Additional Ksh28 Billion Loan From IMF

Kenya is set to receive an additional loan worth millions following an agreement with the International Monetary Fund (IMF). In a statement, IMF Chief in...

IMF Backs Kenya’s Decision To Raise Cooking Gas, Bank Loans Tax

The International Monetary Fund (IMF) has supported Kenya’s decision to tax cooking gas and bank loan fees. IMF argued that taxing the essential good and...

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