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IMF

Business

How New Ksh 78 Billion IMF Loan to Kenya Will be Spent

The Board of the International Monetary Fund (IMF) has concluded its seventh and eighth reviews of Kenya’s economic situation, following its mission to evaluate the country’s…

Koech Kevin · 31 Oct 2024
Business

7 African Countries With Highest Debt to the IMF

The relationship between African nations and the International Monetary Fund (IMF) has garnered increasing attention, particularly as some countries grapple with soaring debt levels. Several African…

Koech Kevin · 10 Oct 2024
Wealth

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 to IMF,…

Kevin Koech · 23 Dec 2022
News

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 Goodman is…

Kevin Koech · 27 Oct 2022
News

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 digital shilling…

Grace Matheka · 21 Jul 2022
News

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 Kenya…

Kevin Koech · 30 Apr 2022
Wealth

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 service…

Kevin Koech · 29 Apr 2022
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