IMF Approves Kenya’s $236 Million Loan as Country Meets Lender’s Targets
The IMF loan will be used for budget support, bringing Kenya’s total disbursements for budget support so far to about ...
Read moreDetailsThe IMF loan will be used for budget support, bringing Kenya’s total disbursements for budget support so far to about ...
Read moreDetailsIMF Deputy Managing Director and Acting Chairperson of the Executive Board, Antoinette Sayeh, said Kenya had shown remarkable resilience to ...
Read moreDetailsThe International Monetary Fund (IMF) has approved a zero-rated $372.4 million loan for Tanzania, aimed at supporting the country’s COVID-19 ...
Read moreDetailsThe International Monetary Fund (IMF) has said Afghanistan will no longer be able to access the lender’s resources, following the ...
Read moreDetailsThe World Bank on Wednesday said it could not assist El Salvador’s bitcoin implementation given environmental and transparency drawbacks. “We ...
Read moreDetailsCognizant of the continued evolution of the COVID-19 pandemic and its resultants effects on the economy, the IMF has trimmed ...
Read moreDetailsThe IMF has advised the Kenyan Treasury to impose a 16 per cent VAT on fuels from the current 8 ...
Read moreDetailsKenya has sought the Debt Service Suspension Initiative (DSSI) extension to June 2022, a one-year extension from the earlier granted ...
Read moreDetailsStandard and Poor’s (S&P) has downgraded Kenya’s sovereign rating to ‘B’ from ‘B+’ despite a deal with the International Monetary ...
Read moreDetailsThe International Monetary Fund has raised Kenya’s 2021 economic growth forecast from 4.7% to 7.6% after reaching a financing agreement ...
Read moreDetailsSudan's Central bank devalued its currency on Sunday, announcing a new regime to “unify” official and black-market exchange rates
Read moreDetailsAnalysts estimate that 76 of the world’s poorest nations, which are eligible to receive the bank’s International Development Association (IDA) ...
Read moreDetailsThe International Monetary Fund (IMF) has issued a report of the recent visit to Kenya. Led by Benedict Clements, the ...
Read moreDetailsThe International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be ...
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