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Originally published by The Standard BusinessApril 15, 2026
3h ago
IMF to Ruto: Stop lying on hidden debt
Without a new programme, Kenya’s options are narrowing. Domestic borrowing remains expensive, and international markets are largely closed...
✨ Key Highlights
The International Monetary Fund (IMF) has raised concerns regarding billions of Kenyan shillings in potentially 'hidden' public debt, jeopardizing planned bailout talks in Washington DC.
- The IMF cited concerns over billions of shillings in potentially "hidden" public debt.
- Key involved parties include the Ruto government and the IMF.
- The development comes as Kenya seeks a new bailout amid a worsening fiscal crisis and fallout from the Iran war.
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