IMF urges Kenya to include pending bills in public debt tally
In a new technical assessment, the IMF said Kenya’s public debt data is “broadly accurate and timely,” but falls short of international standards due to its narrow scope, which excludes sizeable liabilities across the wider public sector. Kenya breaking news | Kenya news to..
✨ Key Highlights
The International Monetary Fund (IMF) has advised Kenya to incorporate pending bills, estimated at Sh684 billion, into its official public debt figures to provide a more accurate fiscal outlook.
- Sh684 billion estimated value of pending bills as of March 2025.
- International Monetary Fund (IMF) urging Kenya to broaden its debt reporting scope.
- This move aims to reflect the true extent of government obligations beyond contracted loans, enhancing transparency for investors and policymakers.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
KRA advertises Commissioner General job after Wattanga exit - April 2026
The Kenya Revenue Authority has officially advertised the vacant position of Commissioner General following the recent departure of Humphrey Wattanga. The Kenya Vision 2030 Delivery Secretariat has simultaneously appointed James Maina as its new acting Director General, effective April 14. In a related fiscal development, the International Monetary Fund advised Kenya to incorporate pending bills, estimated at Sh684 billion, into its official public debt figures to provide a more accurate fiscal outlook. These developments come as stakeholders continue pushing for reforms in various economic sectors, highlighting ongoing transitions in Kenya's economic governance structures.
