Kenya eyes new IMF programme as Sh301b arrangement nears end

Central Bank of Kenya (CBK) Governor Kamau Thugge. [File, Standard]

With the current International Monetary Fund (IMF) Sh301 billion programme set to expire in April, the Kenya Kwanza government is exploring options for a successor arrangement to ensure continued economic support. 

The existing programme, approved in 2021, during the reign of former President Uhuru Kenyatta, was designed to help Kenya recover from the economic impact of the pandemic and address debt vulnerabilities.