Kenya to IMF
Kenya has revived talks with the International Monetary Fund (IMF) for a new financing programme, a move that could bring fresh loans but also tougher economic conditions for taxpayers.
IMF is expected to send a team to Nairobi to discuss a possible new programme after its previous Ksh465 billion (USD3.6 billion) arrangement ended in 2025.
Kenya is seeking a new lending component to support its finances, as the government faces pressure to raise revenue and control spending. The exact amount of the programme is yet to be known.
For Kenyans, a new IMF deal could mean tighter government spending, increased revenue collection and possible tax or policy changes as part of the conditions attached to financial support.