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Kenya’s Budget Estimates Rise to KSh 4.26 Trillion in 2025/26 Policy Statement

Kenya’s National Treasury has unveiled its Budget Policy Statement (BPS) for the fiscal year 2025/26, presenting an ambitious increase in the nation’s budget estimates to KSh 4.26 trillion, up from KSh 3.98 trillion in the 2024/25 fiscal year. This shift reflects the government’s continuing efforts to balance economic transformation and fiscal discipline, while also responding […]

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Kenyan Cabinet approves Finance Bill 2025

In a decisive move to rein in public spending and inject fresh momentum into Kenya’s economy, President William Ruto presided over a Cabinet meeting at State House, Nairobi, that approved the Finance Bill, 2025. The legislation, which now proceeds to Parliament, aims to sharpen tax administration, seal revenue leakages, and unlock growth—particularly for small businesses […]

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State Told to Prioritize Development Funding Amid Economic Strains

As Kenya faces mounting economic pressures and dwindling external financing, the International Monetary Fund (IMF) has called on the government to prioritize development funding through careful expenditure management. IMF’s advice to Kenya comes amidst the challenges of shrinking access to external financing and the increasing difficulty in mobilizing adequate domestic revenue. The IMF has urged […]

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Kenya Secures $500 Million UAE Loan Tranche Amid Strategic Gulf Partnership and Economic Resurgence

 In a landmark move that could reshape Kenya’s financial diplomacy and economic trajectory, the East African nation is preparing to receive the first $500 million installment of a $1.5 billion commercial loan from the United Arab Emirates (UAE). This initial disbursement, expected next week, marks a significant step in Nairobi’s pivot toward non-traditional lenders as […]

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Kenya and China Forge Closer Ties: Accelerating Trade, Investment, and Infrastructure Development

In a significant move to bolster economic collaboration, Kenya and China have agreed to expedite the conclusion of a free trade agreement (FTA) following high-level discussions between President William Ruto and Chinese Prime Minister Li Qiang. This development underscores the deepening partnership between the two nations, aiming to enhance market access and mutual economic growth.​ […]

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Kenya to Overtake Ethiopia as East Africa’s Largest Economy in 2025, Says IMF

In a dramatic shift in regional economic fortunes, the International Monetary Fund now projects Kenya’s gross domestic product will reach USD 132 billion in 2025, surpassing Ethiopia’s forecast USD 117 billion and marking Kenya as East Africa’s largest economy. This reordering of the pecking order reflects contrasting currency moves, divergent policy trajectories, and broader global […]

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President Ruto in China to Deepen Trade, Infrastructure and Investment Ties

Kenyan President William Ruto arrived in Beijing on Monday for a five‑day state visit designed to cement Kenya’s role as China’s premier partner in Africa and to accelerate collaboration on trade, infrastructure, and investment. Over the coming days, President Ruto will co‑host the Kenya‑China Business Forum, engage in high‑level bilateral talks with President Xi Jinping, […]

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Mbadi Pledges Disbursement of Additional NG‑CDF in April After Uproar

After a day of heated exchanges in Parliament over stalled constituency funding, Treasury Cabinet Secretary John Mbadi announced on April 16 that KSh 7 billion of the National Government Constituencies Development Fund (NG‑CDF) had been released, with another KSh 7 billion to follow before month’s end. His commitment aims to reduce funding arrears to one […]

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