international MONETARY FUND
Impact of Covid-19 on Nigerian Economy
Coronavirus has caused a shutdown of economies in Africa and worldwide. Nigeria has been hit hard. Here are the effects so far.
BT Reporter
Kenyan avocados cleared to enter expansive Chinese market
Kenyan farmers will now export their popular hass avocados to China following a trade deal signed when President Kenyatta met his Chinese counterpart...
BT Correspondent
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
BT Reporter
Kenya to raise Sh287b from Eurobonds, loans this year
The International Monetary Fund estimates Kenya’s total public debt will peak at 63.2% of gross domestic product this year from 58% in 2017
BT Correspondent
IMF raises Kenya’s risk of debt distress to moderate from low
The Bretton Woods institution urged the National Treasury to refinance debt using concessional loans to lengthen maturities in the coming year and limit...
BT Correspondent
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
BT Reporter
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...
BT Reporter
Kenya to intensify fiscal consolidation to curb public debt distress
Treasury PS Julius Muia says the government is keen to reduce the quantity and ratio to GDP of the public debt in order...
XINHUA
No more headroom to borrow, CBK warns Treasury
The country’s debt now stands at Ksh 4.6 trillion as of November 2017 with the International Monetary Fund sounding alarm bells on Kenya’s borrowing...
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