Murang’a Senator Joe Nyutu has shed light on Kiharu MP Ndindi Nyoro’s removal as chairperson of the powerful Budget and Appropriations Committee, stating that the lawmaker has fallen out of favor with ...

Sources: Haver Analytics, Belgian authorities, and IMF staff projections. 1/ Based on national accounts data available as of January 29, 2025. 2/ Contribution to GDP growth. [1] Under Article IV of ...

Pakistan’s mission to secure over $2 billion from the International Monetary Fund (IMF) took a significant step forward as virtual negotiations between the country and the global financial ...

Sources: Central Reserve Bank of El Salvador, Ministry of Finance, and IMF staff estimates. 1/ Gross debt of the nonfinancial public sector. 2/ Includes inventories. [1] Under Article IV of the IMF's ...

President William Ruto’s administration tried to bring in new taxes last year but backed down after deadly protests forced the withdrawal of the Finance Bill. It also failed to meet IMF ...

President William Ruto has called on Kenyan universities to strengthen ties with the private sector to commercialise innovations and develop market-driven academic programmes. Speaking at State ...

This decision coincides with President William Ruto’s newly reorganised government, seeking a new financial arrangement with the IMF, fully aware that any new programme will be a crucial test ...

Kenya is seeking fresh financial support from the International Monetary Fund (IMF) as it grapples with rising debt-servicing costs that have ... United Arab Emirates further complicated the country’s ...

According to the IMF's mission chief, Haimanot Teferra, the two sides had "reached an understanding that the ninth review under the current Extended Fund Facility and Extended Credit Facility ...

Demonstrations erupted last year over a proposal by President William Ruto to raise taxes. "The IMF has received a formal request for a new program from the Kenyan authorities and will engage with ...