Tag: IMF

Ethiopia opens up its Forex Market

As a country, Ethiopia marches to the beat of a different drum in quite a number of issues. Historically, the country was never colonised, a fact that shaped its development in various ways, both economically and politically. Economically, the country is in the process of transitioning to a market economy through the liberalisation and […]...

IMF and Social Contract: How to Address Root Causes of Kenyans’ Rage

The International Monetary Fund (IMF) should work with the Kenyan government to ensure that the global organisation’s support for the country is aligned with human rights and that corrupt...

28 Jun 2024

Finger on the Pulse

‘We Are Deeply Concerned’: IMF Says On Kenya’s Situation Amid Protests The International Monetary Fund (IMF) weighed in on the events that ensued following the demonstrations against...

19 May 2024

IMF 6th reviews affirm Kenya’s economic resilience and emphasises critical reforms for sustained growth

In January 2024, the International Monetary Fund (IMF) concluded its 2023 Article IV consultation with Kenya, alongside reviews of the Extended Fund Facility (EFF) and Extended Credit Facility ...

21 Apr 2024

IMF warns of economic headwinds for Kenya and emerging economies amid global shocks.

In the ever-shifting landscape of global economics, emerging economies often find themselves navigating through a maze of challenges, both domestic and international. The International Monetary...

2 Feb 2024

Kenya’s economic struggles: The IMF-backed reforms, fuel subsidy controversy and the road ahead

At present, Kenya is grappling with multiple challenges compounded by global conditions impacting economic activities and leading to tightened financial conditions. The Kenyan economy is facing mult...

20 Jan 2024

IMF-GoK negotiations: Review unveils progress and challenges from tax measures to state-owned enterprises

During the IMF-Treasury discussions, a review highlighted several met structural benchmarks, with the exception of the qualitative performance criteria for tax collection. However, the deviation obser...

25 Nov 2023

IMF affirms climate change commitment amid anomalies and global partnerships

The International Monetary Fund (IMF) has affirmed its position on the climate change global initiative. The IMF has stated its intention to engage with the global initiative by supporting its member ...

7 Aug 2023

The IMF conundrum: risks and opportunities for Kenya on its increased engagement with the IMF.

Kenya’s relationship with the International Monetary Fund (IMF) has recently come under scrutiny as the country seeks to address its economic challenges and secure external financial support thr...

9 Dec 2022

9th December 2022 Political and Regulatory Round Up

KENYA Ruto’s Hustler Fund challenged in court The government’s decision to establish the Sh50 billion Hustler Fund has been challenged in court by two civilians who claim that th...