IMF Reaches Staff-Level Agreement with Kenya on Seventh …
WEBJun 10, 2024 · IMF and the Kenyan authorities have reached a staff-level agreement on a set of comprehensive policies and reforms needed to complete the seventh reviews of Kenya’s Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements and the second review under the Resilience and Sustainability Facility (RSF) arrangement.
Kenya asks IMF to review corruption issues after Western push
WEB3 days ago · Kenya's government has asked the International Monetary Fund to conduct an official assessment of corruption and governance issues, the IMF told Reuters, after a push by Western nations.
What do the IMF and foreign debt have to do with Kenya’s …
WEBJul 7, 2024 · In April 2021, Kenya under Kenyatta and then-Vice President Ruto entered into an agreement with the IMF for relief. That came in the form of a 38-month programme the IMF said would help...
Exclusive: Kenya president spoke to IMF chief after pulling tax …
WEBJul 4, 2024 · Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in the days after he withdrew $2.7 billion in proposed tax hikes in response to deadly...
IMF Reaches Staff Level Agreement with Kenya on the Fifth …
WEBMay 23, 2023 · IMF staff and the Kenyan authorities have reached staff-level agreement on economic policies and reforms to conclude the fifth reviews of Kenya’s ECF and EFF arrangements; extension of the program and augmentation of access under those arrangements; and reforms for access under a 20-month …
IMF reconsiders loan terms for Kenya as court blocks reforms
WEB6 days ago · Kenya will face further delays in accessing new funding from the International Monetary Fund (IMF) as negotiations resume over the fiscal implications of recent court rulings that invalidated the Privatisation Act, a critical component of the country’s 48-month loan programme. The IMF is concerned ...
IMF Executive Board Completed the Fifth Reviews of Kenya’s …
WEBJul 17, 2023 · The IMF Executive Board completed the fifth reviews under EFF/ECF arrangements for Kenya, allowing for an immediate disbursement equivalent to SDR306.7 million (about US$415.4 million). This includes SDR81.4 million (about US$110.3 million) from augmentation of access.
IMF reaches staff level agreement with Kenya, urges fiscal ...
WEBJun 11, 2024 · Kenya has reached a staff level agreement with the International Monetary Fund on Tuesday, the organisation said, paving the way for the disbursement of about $976 million.
Kenya’s mass protests expose African fury with IMF - Financial Times
WEBJul 4, 2024 · As Kenya reels from deadly anti-tax riots that have rocked east Africa’s most advanced economy, the target of protesters’ anger remains starkly clear in murals on the walls of central Nairobi — and...
IMF Staff in Kenya to Weigh Economic Fallout of Tax Protests
WEBSep 13, 2024 · An International Monetary Fund team is in Kenya to gauge the economic impact of a recent court ruling on tax measures and an expanded budget deficit that threw off course a $3.6 billion financing...