IMF

The International Monetary Fund (IMF) has approved a 40-month $1.04 billion credit facility to Tanzania to catalyze growth and withstand spillover effects from the war in Ukraine. Following the approval …

The International Monetary Fund (IMF) has approved USD 235.6mn (Sh28 billion)  loan which will be directed towards budgetary support, to improve governance and support broader economic reforms. This becomes the …

Civil servants will lose Sh2 billion weekly from October after the Salaries and Remuneration Commission (SRC) set the date for trimming public workers’ juicy allowances. SRC chairperson Lyn Mengich said …

The National Assembly has agreed to raise Kenya’s debt ceiling to Ksh 10 trillion from the current Ksh 9 trillion in what is aimed at giving the National Treasury allowance to borrow …

The IMF (International Monetary Funds) has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by 2026 if the government fails to implement adequate measures …

The International Monetary Fund (IMF) has agreed to extend the duration of its financial aid programme to Somalia. The fund’s aid was due to end this month if a new …

Somalia’s government has asked the International Monetary Fund (IMF) to extend its financial support by three months to Aug. 17, the head of the IMF’s country mission told Reuters. The …

Zambian President Hakainde Hichilema thanked China on Monday for joining international efforts to help his country to restructure its debt after China committed to joining Zambia’s creditor committee at International Monetary …