The International Monetary Fund (IMF) cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy …
The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) …
The International Monetary Fund (IMF) wants tighter checks on bank transactions in Kenya amid growing concerns about money laundering by corruption networks. An appraisal report by an IMF team said Kenya should …
The National Treasury will introduce new tax measures to replace the Sh21 billion it earns in annual minimum taxes if the government loses an appeal against a court ruling that …
The International Monetary Fund (IMF) has set a fresh loan condition requiring Kenya to drop the fuel subsidy programme by October, exposing motorists to a sharp rise in pump prices. …
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 …