"imf" · 25 posts · 16 stories · 0 entities
[ad_1] The IMF is facing criticism over a $280m bailout intended for Equatorial Guinea, a tiny oil-producing state in central Africa, where the long-serving regime of President Teodoro Obiang Nguema is accused of institutional corruption and human rights violations. The IMF said the programme includes provisions that
[ad_1] The decision by the Government to hold on to billions of shillings in tax refunds belonging to the business community has been blamed for the ongoing cash-crisis. In a special review on the state of the economy in developing countries, the International Monetary Fund (IMF) singled out Kenya’s defective tax syst
[ad_1] IMF Wants Kenyans To Pay More For Ugali And Cooking Gas By Juma / January 17, 2020 | 8:15 am The International Monetary Fund (IMF) is pushing the Government of Kenya to ensure that Kenyans are paying more for maize flour and cooking gas. According to the IMF, Kenya’s National Treasury should increase the price
Kenya has reached out to the International Monetary Fund ( IMF ) for the second time in less than six months for more loans to cushion the budget that has been ravaged by the Covid-19 pandemic. This will be the second loan after Kenya was given Sh79.3) billion in May to respond to the economic shocks caused by the pan
CAPTION: A viral post by Twitter user Awino Cherono condemning Uhuru Kenyatta's appetite for debt : Reports have now emerged that Kenya is days away from securing its 4th Eurobond in 6 years Just days after IMF's approval of a Sh255.1 billion loan for Kenya which led to an uproar on social media, news has emerged that
CAPTION: The IMF app page on Google Play Store on Friday night: Ratings dropped to 1.0 Stars Kenyans have taken their feud with the International Monetary Fund (IMF) to another level and now shifted focus to the international lender's mobile phone app whose ratings dramatically dropped on Friday. This unprecedented pl
Richard Ngatia: Chairman for Kenya National Chambers of Commerce and Industry The diminutive man from Central Kenya Richard Ngatia, the owner of Megascope Healthcare is in trouble. This is after the International Monetary Fund (IMF) ordered the Kenya government to track financial transactions of those involved in the
David Ndii, Chairman of the Presidential Economic Council David Ndii’s comments today on the high electricity bill have elicited mixed reactions. “On power bills, we have two choices. Costly power available 24/7, or cheap power available a few hours a day, like SA. If you cared to peruse our manifesto, you would have
Kenya’s fight against corruption just took a sharp turn after the International Monetary Fund (IMF) completed a high-level corruption diagnostic assessment on President William Ruto’s administration. The IMF's probe, conducted by its Technical Assistance team, targeted Kenya's most sensitive institutions. Over two week
The International Monetary Fund (IMF) is shining a spotlight on Kenya’s education budget, particularly the Teachers’ Service Commission (TSC) payroll and capitation funds. Treasury Cabinet Secretary John Mbadi revealed that the TSC, which handles more than Ksh400 billion annually, is one of the top areas under examinat
Kenya is once again eyeing the International Monetary Fund (IMF) for billions of shillings to keep the economy afloat. Prime Cabinet Secretary Musalia Mudavadi has quietly confirmed that the National Treasury is preparing to reopen talks with the lender. This comes barely a year after Nairobi failed to complete a previ
The International Monetary Fund (IMF) is back in Nairobi, holding talks with government officials for yet another round of loans. This visit comes at a time when ordinary Kenyans are grappling with heavy taxes, shrinking payslips, and the broken promises of the Kenya Kwanza government’s Bottom Up Economic model. Instea
In a lawsuit that could redefine Kenya’s control over its strategic assets, Busia Senator Okiya Omtatah has accused the government of quietly advancing a secret IMF pipeline deal to privatize Kenya Pipeline Company behind the backs of citizens and Parliament. Filed on January 2, 2026, the petition paints a picture of f
Kenya has formally reopened negotiations with the International Monetary Fund in a decisive move that underscores the depth of its fiscal strain. The government is seeking a new multi-year financing arrangement to plug a widening budget deficit while simultaneously pursuing privatization of key state-owned enterprises
The International Monetary Fund has fired a direct shot at President William Ruto's government, demanding that Kenya count Ksh335 billion raised through future tax pledges as official public debt. This IMF directive strikes at the heart of Ruto's infrastructure financing strategy and complicates Kenya's push to secure
BY NYABOGA KIAGE On November 5, 2019, an audio speech by Al Shabaab leader Abu Ubeydah Ahmed was released by Al-Qaeda affiliated Global Islamic Media Front (GIMF) and in his 52-minute-long message, one thing was clear he warned the US saying that attacks by the Al Mujahideen Martyrdom Brigade would increase. In his cal
...aised through future tax pledges as official public debt. This IMF directive strikes at the heart of Ruto's infrastructure financing strategy and complicates Kenya's push to secure a new IMF...
...5 after multiple performance failures. As Kenya returns to the IMF for more loans, which form the centre of its fiscal strategy, the country faces renewed scrutiny over debt sustainability...
...tatah has accused the government of quietly advancing a secret IMF pipeline deal to privatize Kenya Pipeline Company behind the backs of citizens and Parliament. Filed on January 2, 2026, th...
The International Monetary Fund (IMF) is back in Nairobi, holding talks with government officials for yet another round of loans. This visit comes at a time when ordinary Kenyans are grappli...
Kenya is once again eyeing the International Monetary Fund (IMF) for billions of shillings to keep the economy afloat. Prime Cabinet Secretary Musalia Mudavadi has quietly confirmed that the...
The International Monetary Fund (IMF) is shining a spotlight on Kenya’s education budget, particularly the Teachers’ Service Commission (TSC) payroll and capitation funds. Treasury Cabinet S...
...just took a sharp turn after the International Monetary Fund (IMF) completed a high-level corruption diagnostic assessment on President William Ruto’s administration. The IMF's probe, condu...
...a few years to come?” But this is not the point. The point is, IMF, World Bank and BlackRock are part of the global elites that believe in total subjugation of humans on earth. So, with time...
...blished on 26 January 2022. Published on January 26, 2022, the IMF sharply downgraded its forecasts for the two biggest global economies – the US and China – citing high energy prices and ne...
...ry 2022. On January 25, 2022, the International Monetary Fund (IMF) approved a $455 million loan for the Republic of Congo under the Extended Credit Facility. The loan aims to help the oil-d...
...1 has led to the government seeking a bailout package from the IMF, the fourth since the revolution. Tunisian authorities are optimistic about reaching a deal by the end of this quarter, but...
...day for the global economy as the International Monetary Fund (IMF) released a blog post highlighting the risks associated with the ongoing pandemic and the US Federal Reserve's (Fed) plans...
...chief executive officers and the International Monetary Fund (IMF). The bank CEOs have reportedly taken their grievances to the IMF, citing the CBK's refusal to allow them to increase the c...
...blished on December 21, 2021, the International Monetary Fund (IMF) announced plans to discuss a potential extended credit facility with Mozambique in January 2022. The IMF's decision comes...
...r 2021. On December 18, 2021, the International Monetary Fund (IMF) approved the immediate disbursement of KSh. 29.2 billion to Kenya under the Extended Credit Facility (ECF) to support the...
...r 2021. On December 18, 2021, the International Monetary Fund (IMF) Executive Board approved the immediate disbursement of Sh29.2 billion to Kenya under the Extended Credit Facility. This mo...
...has raised eyebrows globally. The International Monetary Fund (IMF) has since weighed in on the matter, issuing a statement after concluding a monitoring mission to the Central American coun...
...r 2021. On November 22, 2021, the International Monetary Fund (IMF) approved a zero-rated $372.4 million loan for Tanzania to support the country's COVID-19 pandemic relief measures. The loa...
...ished on 17 November 2021. Published on November 17, 2021, the IMF stated that it cannot provide financial support to Zimbabwe due to its unsustainable debt and official external arrears. Ac...
...r 2021. On November 16, 2021, the International Monetary Fund (IMF) concluded a month-long virtual mission to Zimbabwe, assessing the country's economic situation. The IMF stated that it was...
...er 2021. On November 7, 2021, the International Monetary Fund (IMF) announced the completion of its second review of Kenya's 38-months lending programme, which includes a US$2.34 billion fin...
...er 2021. On November 7, 2021, the International Monetary Fund (IMF) announced the completion of its second review of Kenya's 38-months lending programme, which was approved in April 2021 wit...
...5, 2021, Amitruck, a digital logistics company, partnered with IMFact, a smart finance alternative to traditional bank lending for Kenyan SMEs in supply chain businesses. The partnership wil...
...to reallocate their unused reserves at the World Bank and the IMF. According to Monique Nsanzabaganwa, deputy chair of the African Union Commission, this reallocation, along with trade deal...
...published on 9 October 2021. Published on October 9, 2021, the IMF Executive Board is nearing a decision on whether World Bank CEO Kristalina Georgieva will keep her job amid allegations of...
