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Kenya Unveils Budget For The 2022/23 Fiscal Year
Kenya has unveiled a $28 billion (3.3 trillion shillings) budget for the 2022/23 fiscal year aimed at reviving the country’s economy. Treasury Secretary, Ukur Yatani, said the budget would focus on building infrastructures that would reduce the rates of unemployment and grow the economy by 6% by the end of the year. If the parliament…
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Kenya To Receive $2.34 Billion Package From IMF
The International Monetary Fund Board has approved about US$2.34 billion financial package for Kenya to support a move that is expected to mitigate the effect of a worsening health and economic crisis in the African state. The three-year ECF and EFF arrangements would also advance the broader reform and governance agenda, including addressing weaknesses in some state-owned…