Credit rating agency S&P downgrades Kenya on weaker fiscal and debt trajectory
The IMF board is expected to convene next month to approve a $600 million disbursement under Kenya’s $3.6 billion lending programme, which expires next year.
New survey shows Kenya private sector activity declined in July following public protests
Kenyan youth-led marches continued after Ruto withdrew the tax legislation, with protesters calling for the president to resign and an end to what they called widespread government corruption and inefficiencies.