News

Reflecting on this year's IMF/World Bank Spring Meetings, one word lingers in my mind: uncertainty. The shifting global geopolitical landscape loomed large--none more so than the US administration's ...
As the world knows, the people of Kenya made their frustrations against the IMF known last year, with protests against IMF fiscal and austerity policies. And this unrest led to President William Ruto ...
Kenya’s economy grew at its slowest pace since the coronavirus pandemic after it was battered by deadly protests and floods.
Kenya has found itself dictated by the whims of the global financial markets, as any sentiment, including from the headlines ...
Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.
A consensus outlook from 14 firms indicates the economy will likely expand 5 percent compared with a 5.1 percent projection ...
The Central Bank of Nigeria (CBN), deploying various reform measures, has curtailed the once-wide gap between the official ...
The recurrent budget covers day-to-day operational expenses, such as salaries, utilities, maintenance, and office supplies.
The United States is seeking to weaken a global deal aimed at helping developing countries struggling with the impacts of ...
Kenya is negotiating an increase in electricity imports from Ethiopia by 50 to 100 megawatts (MW) to address rising domestic demand and avoid potential power ...
Sri Lanka's Browns Power Holdings, a subsidiary of Browns Investments, has bought FLMC Plantations, the holding company of ...
From the onset, the international mission to help Haiti wrest back control from armed gangs faced challenges and skepticism.