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Imf

IMF and Africa loans

IMF and Africa loans

By Gado 17 days ago

IMF and Africa loans

IMF: Why Kenya Power stares at Sh26 billion annual revenue loss

IMF: Why Kenya Power stares at Sh26 billion annual revenue loss

By Macharia Kamau 21 days ago

Taxpayers to fork out Sh103b to bail out Kenya Airways, again

Taxpayers to fork out Sh103b to bail out Kenya Airways, again

By Dominic Omondi 21 days ago

IMF loans Kenya Sh28 billion as SGR debt repayments fall due

IMF loans Kenya Sh28 billion as SGR debt repayments fall due

By Dominic Omondi 23 days ago

IMF approves Sh28 billion loan to Kenya

The deal, signed in April 2021, aims at addressing Kenya’s debt vulnerabilities.

By Winfrey Owino 24 days ago

IMF approves Sh28 billion loan to Kenya

IMF: World Uncertainty Index not ours

The IMF said that while the WUI has been generated by two of its employees, it is not part of its publications.

By Dominic Omondi 25 days ago

IMF: World Uncertainty Index not ours

Heed IMF advice to lessen suffering Kenyans' pain

Farmers are aggrieved that what NCPB offers them is not commensurate with the cost of producing maize. We cannot fault farmers when fertiliser goes at Sh6,000 per 50 kg bag.

By Alexander Chagema 2 months ago

Heed IMF advice to lessen suffering Kenyans' pain

IMF boss warns on inflation shocks

She said strong demand from the US, supply chain disruptions and the Ukraine war effects all point to longer-lasting inflation.

By Reuters 2 months ago

IMF boss warns on inflation shocks

Somalia parliament picks Sheikh Adan Mohamed Nur as new speaker

The election of speakers in the parliament and senate is a key step in establishing the new government, which must be in place by May 17 if Somalia is to continue receiving budget support.

By Reuters 3 months ago

Somalia parliament picks Sheikh Adan Mohamed Nur as new speaker

Ruto and Raila oppose IMF push for 16pc tax on bread and flour

Both presidential hopefuls have vowed to shoot down proposals in the Budget introducing 16 per cent VAT on flour-based products.

By Dominic Omondi 3 months ago

Ruto and Raila oppose IMF push for 16pc tax on bread and flour

It’s time we addressed the question of public debt with brutal honesty

Eventually, every penny borrowed by government must be repaid with taxes either in the medium or long-term.

By Patrick Muinde 4 months ago

It’s time we addressed the question of public debt with brutal honesty

Enter the Chinese dragon puffing a fire of billions and corruption

Chinese billions also come with a fair share of problems, especially during President Kenyatta’s first term when more loans flowed in from Beijing.

By Dominic Omondi 4 months ago

Enter the Chinese dragon puffing a fire of billions and corruption

Egypt requests IMF support as economy buffeted by Ukraine spillover

Egypt has asked for the International Monetary Fund's support to implement a comprehensive economic programme.

By Reuters 4 months ago

Egypt requests IMF support as economy buffeted by Ukraine spillover

Sri Lanka reaches out to IMF for help amidst rising national debt

IMF had warned of ballooning national debt in Sri Lanka as the economy faces “mounting challenges”

By Agencies 4 months ago

Sri Lanka reaches out to IMF for help amidst rising national debt

How rail and road network can lift households out of abject poverty

Vision 2030 ‘aspires for a country firmly interconnected through a network of roads, railways, ports, airports, and waterways, and telecommunications.

By Isaac Kalua Green 5 months ago

How rail and road network can lift households out of abject poverty

Risk concerns over State domestic borrowing

Senate committee warns rising trend puts financial market at risk in case of a default, with Treasury borrowing heavily from banks and pension funds.

By Graham Kajilwa 5 months ago

Risk concerns over State domestic borrowing

Uhuru’s huge debt appetite fails to stimulate economy

Since 2013, Jubilee administration has borrowed more than three times the loans taken by the previous three governments combined.

By Dominic Omondi 5 months ago

Uhuru’s huge debt appetite fails to stimulate economy

World Bank warns on risk of private debts to poor nations

The bank’s surveys showed 46 per cent of small and medium-sized businesses in developing countries expected to fall behind on debt payments.

By Reuters 5 months ago

World Bank warns on risk of private debts to poor nations

Voting delays risk starving Somalia of budget funds, says IMF

Riven by civil war since 1991, Somalia has paid its bills since 2017 thanks to the IMF as it slowly rebuilds its institutions.

By Reuters 5 months ago

Voting delays risk starving Somalia of budget funds, says IMF

IFC boss to help small Kenyan business access cheap financing

Rooted for private sector's role in championing a more inclusive recovery from the economic impacts of the Covid-19 pandemic.

By Dominic Omondi 6 months ago

IFC boss to help small Kenyan business access cheap financing

Now debt burden for poor nations hits 20 year high

Data compiled by Jubilee shows that developing countries' debt payments rose 120 per cent between 2010 and 2021.

By Reuters 6 months ago

Now debt burden for poor nations hits 20 year high

Kenya’s sky-rocketing debt shoots past Sh8trn

Country’s public debt, including guaranteed loans, stood at Sh7.996 trillion as at last September. In December, Kenya received Sh29 billion from IMF.

By Dominic Omondi 7 months ago

Kenya’s sky-rocketing debt shoots past Sh8trn

IMF reveals why CBK is silent on Shilling’s free-fall

Dr Njoroge has been silent, even as the Shilling hit a low of Sh113.14 against the dollar. Is there a change of heart from the no-nonsense governor?

By Dominic Omondi 7 months ago

IMF reveals why CBK is silent on Shilling’s free-fall

US cuts off Ethiopia, Mali, Guinea from Agoa initiative

It piles more pressure on an economy reeling from the conflict, the coronavirus pandemic, and high inflation.

By Reuters 7 months ago

US cuts off Ethiopia, Mali, Guinea from Agoa initiative

Economy could be disrupted by political violence, warns IMF

General elections could also pressure budget execution and reform implementation - leading to socio-political tensions.

By Dominic Omondi 7 months ago

Economy could be disrupted by political violence, warns IMF

China rejected Kenya's request for Sh32.8b debt moratorium

China is Kenya’s largest bilateral lender with an outstanding debt of Sh692 billion.

By Dominic Omondi 7 months ago

China rejected Kenya's request for Sh32.8b debt moratorium

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