President William Ruto is in talks with the International Monetary Fund (IMF) for a new multibillion-shilling loan to address a significant budget deficit.

• Kenya faces a projected Ksh1.14 trillion fiscal deficit for the 2026-2027 financial year.
• The discussions involve President Ruto and IMF Managing Director Kristalina Georgieva, aiming to secure funding before July.
• This push for IMF assistance comes despite the nation's substantial debt totaling Ksh11.8 trillion and a recent criticism of the global financial system by President Ruto himself.