Kenya has formally requested financial assistance from the World Bank to mitigate the economic fallout from the recent Iran war, particularly concerning energy imports and rising inflation.

• The request is described as "significant" but no specific figure has been disclosed by Central Bank of Kenya (CBK) Governor Kamau Thugge.
• This request is in addition to ongoing discussions for a budgetary support loan.
• To cushion consumers, President William Ruto signed a law reducing VAT on petroleum products to 8% from 13% for three months.

The International Monetary Fund (IMF) has reduced Kenya's projected economic growth for 2026 from 4.9% to 4.5%. This downward revision is primarily driven by concerns over rising inflation and global economic uncertainties.

• The IMF has lowered the 2026 growth forecast to 4.5%.
• Key factors cited include rising inflation, higher fuel costs, and global uncertainties, including the Middle East conflict.
• Despite measures like an 8% VAT cut and a Sh6 billion fuel subsidy, petrol prices in Nairobi have significantly increased.