IMF

19 Articles
FEATURED STORY

CBK Governor accuses IMF of using Kenya as foreign exchange formula ‘guinea pig’

Dr Patrick Njoroge says the IMF used a new methodology that has only been in place since 2015 to reach that conclusion

FEATURED STORY

IMF: Kenya’s external position is strong as standby deal expires

Resident Representative in Kenya Jan Mikkelsen told Reuters news agency the Fund would continue to support its reform efforts

FEATURED STORYECONOMY

President Uhuru to justify VAT on fuel in national address

Rejecting the Finance Bill, which had proposed postponement of 16% VAT to 2020, means the punitive tax on petroleum products remains intact

FEATURED STORY

All eyes on Uhuru as he receives anti-fuel tax Bill

Treasury mandarins are burning the midnight oil trying to figure out other options that would seal the budget deficit in the event the...

ECONOMY

Kenya’s GDP to hit 5.7% despite debt burden

Despite a debt increase, Kenya’s GDP is expected to reach 5.7% up from 4.9% last year, according to ICAEW’s (the Institute of Chartered...

FEATURED STORY

Kenya secures IMF standby credit line extension

Bretton Woods institution says facility can be tapped to help the country stabilise its balance of payments in case imports weigh on it...

FEATURED STORY

KCB Group director quits

Dr Nancy Anyango was in December appointed as director of the International Monetary Fund’s Office of Internal Audit and Inspection

FEATURED STORY

Kenyan appointed to head key IMF unit

IMF Managing Director Christine Lagarde says Ms Nancy Onyango brings to the Fund more than 25 years of experience in internal audit, strategic...

FEATURED STORY

IMF warns Kenya over piling debt

Kenya's public debt has been on an upward trend in recent years, rising to Ksh 4.4 trillion by the end of September from...