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Originally published by The Standard BusinessOctober 12, 2025
3h ago
Why IMF is yet to seal deal with Kenya
Any new IMF programme is expected to come with stringent conditions, likely including deep spending cuts, reforms to bloated State-owned enterprises, and enhanced tax measures...
✨ Key Highlights
The International Monetary Fund (IMF) concluded two weeks of talks with the Kenya Kwanza government without announcing a staff-level agreement for a new financial programme, leaving the administration in a waiting game.
- These critical talks were for a new financial programme for the cash-strapped Ruto administration.
- The discussions involved the IMF and the Kenya Kwanza government.
- The talks concluded after two weeks, but without a staff-level agreement.
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