international MONETARY FUND
Impact of Covid-19 on Nigerian Economy
This year, COVID-19 has disrupted all world economies. Nigeria was no exception. Given the country’s heavy dependence on oil export, the damage has...
BT Reporter3 Mins read
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 Correspondent3 Mins read
CBK Governor accuses IMF of using Kenya as foreign exchange formula ‘guinea pig’
Central Bank of Kenya (CBK) Governor Patrick Njoroge has dismissed claims by the International Monetary Fund (IMF) that the Kenya shilling is overvalued...
BT Reporter1 Mins read
Kenya to raise Sh287b from Eurobonds, loans this year
Kenya will offer Eurobonds and seek a syndicated loan to raise the Ksh 287 billion ($2.8 billion) net external financing it planned this...
BT Correspondent1 Mins read
IMF raises Kenya’s risk of debt distress to moderate from low
The International Monetary Fund (IMF) has raised its assessment of the chance of Kenya’s external debt distress to moderate from low due to increasing refinancing...
BT Correspondent1 Mins read
IMF: Kenya’s external position is strong as standby deal expires
The International Monetary Fund (IMF) considers Kenya's external position strong despite the expiry of a stand-by loan facility that shielded the country from...
BT Reporter1 Mins read
All eyes on Uhuru as he receives anti-fuel tax Bill
All eyes are on President Uhuru Kenyatta after National Assembly Speaker Justin Muturi on Thursday delivered the Finance Bill 2018, which provides for...
BT Reporter2 Mins read
Kenya to intensify fiscal consolidation to curb public debt distress
Kenya plans to intensify fiscal consolidation in the medium term in order to reduce the risk of a public debt distress, National Treasury...
XINHUA1 Mins read
No more headroom to borrow, CBK warns Treasury
Central Bank of Kenya has advised the National Treasury to venture into non-debt financing for development projects to avoid getting into financial crisis....
CAPITAL FM1 Mins read
