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Originally published by Capital Business
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business
April 17, 2026
2h ago

IMF cuts Kenya’s 2026 growth forecast to 4.5pc from 4.9pc

IMF cuts Kenya’s 2026 growth forecast to 4.5pc from 4.9pc

The IMF attributes the revised outlook to expected inflationary pressures, higher fuel costs, weakening tourism performance, and rising input costs such as fertiliser. Kenya breaking news | Kenya news today |..

✨ Key Highlights

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.

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