Thursday, January 8, 2026
watch live
All
spot_imgspot_img

Top 5 This Week

spot_img

Related Posts

Kenya’s Treasury Opts for Alternative Funding in Sh4.2 Trillion Budget Amid IMF Exit

National
Grace Githinji
Author: Grace Githinji
1 min.read
Treasury Cabinet Secretary John Mbadi

Kenya’s Treasury will fund its Sh4.2 trillion budget for the 2025/2026 fiscal year without IMF support. The government and IMF mutually terminated the previous program due to time constraints and weak revenue performance. As a result, Kenya forfeited a potential Sh109.4 billion ($850 million) disbursement.

Treasury Cabinet Secretary John Mbadi confirmed that while negotiations for a new IMF arrangement continue, the budget does not include IMF assistance. Instead, the government is pursuing funding from the World Bank, the African Development Bank, and OPEC. It is also tapping bond markets.

The government planned to use Sh13.9 billion of the IMF funds for balance of payment stabilization, while the rest would have supported the budget. CS Mbadi explained that the decision to abandon the ninth review stemmed from revenue mobilization challenges and timing issues.

“The good news is that we will negotiate this new program. The previous government set up the last one. This time, we will ensure it aligns with global economic trends and our domestic priorities. I expect fruitful discussions ahead,” Mbadi stated.

Despite the shift, he remains optimistic that Kenya will secure higher disbursements in the next IMF program. He highlighted that Kenya’s repayments to the IMF have created room for new financial opportunities.

“Last year, we had an exceptional access facility, but we chose market-based borrowing instead. That option remains available,” Mbadi said.

He emphasized that the IMF’s primary role is not lending and pointed to institutions like the World Bank, the African Development Bank, and OPEC for financing. Kenya is also advancing its bond issuance strategy.

Previous article
Violence Erupts Over Land Dispute in Kilgoris as Senator Issues Warning
Next article
Medical Interns to Begin Posting on July 1, Ministry of Health Confirms
Grace Githinji
Grace Githinji

1583 COMMENTS

  3. Experience top real online pokies – only at RocketPlay!
    High RTP and provably fair games by top providers!
    Casino accepts players only over 18 years of age.
    RocketPlay Casino stands out among the top Australian online
    offshore casinos. RocketPlay Casino is committed to providing excellent
    customer service to all our players.
    With its user-friendly interface and seamless navigation, RocketPlay Casino makes it easy for both
    beginners and experienced players to dive right in. With over
    seven years in the industry, she delivers in-depth reviews tailored to Australian players.
    Some of the favorite options among players around the
    world are classic blackjack, change blackjack
    and double exposure blackjack. Baccarat offers unique gameplay and impressive betting limits.
    They bring the excitement of a traditional casino right to your screen, allowing you to experience the rush of real-time excitement.

    References:
    https://blackcoin.co/online-roulette-casinos-2022/

  4. Casino rocket ethereum bonuses work the same way as our regular promotions.
    We offer free spins without any deposit required and
    accept multiple cryptocurrencies with special bonuses.
    This means you need to bet 35 times your bonus before requesting a
    withdrawal. Simply make your first deposit and we’ll automatically add the bonus to your account.
    New players receive our generous welcome package worth up to AU$1,500 plus 150
    free spins. All live streams undergo regular audits to ensure fair play and game integrity.

    It means that, in most cases, Apple users will have access to
    an online casino that provides a mobile version. As a rule, this mobile casino provides more data protection than just adapted
    sites and offers complete functionality. According to the latest statistics, about 5 million users play in mobile casinos worldwide.
    The player’s chances of winning are high, and the results cannot be adjusted.

    Your account will not bear any interests and no conversion or exchange services (including fiat-crypto exchange) will be offered at
    any time. Otherwise the Casino has a right to charge a fee for the procession of deposit
    and withdrawal, which is at the sole decision of the Casino.
    The Casino reserves the right to terminate and/or change any
    games or events being offered on the Website. The Casino reserves the right to
    retain payments, if suspicion or evidence exists of
    manipulation of the casino system. The Casino reserves the right to close your Player Account and to
    refund to you the amount on your account balance, subject to deduction of relevant withdrawal
    charges, at Casino’s absolute discretion and without any obligation to
    state a reason or give prior notice.

    References:
    https://blackcoin.co/bunny96-casino-in-australia-real-money-pokies-action/

  5. Diese Casinos bieten Spielern bessere Gewinnchancen und ein transparentes Spielumfeld, was sie besonders für Echtgeld-Spieler attraktiv macht.
    Während Online Spielotheken oft spezialisierter
    sind, bieten Online-Casinos eine breitere Auswahl an Spielen und umfassendere
    Serviceleistungen. Trotz seiner Stärken gibt es auch Bereiche, wie die
    Bonusbedingungen, die für einige Spieler eine Herausforderung darstellen können.
    Nutzt Du ein Treueprogramm, kannst Du Deine Punkte für Freispiele einlösen. Nicht
    alle Bonusangebote sind fair und seriös. Folglich sind jene
    Provider empfehlenswert, die kein oder ein hohes Auszahlungslimit bieten. Ein wichtiger Aspekt bei der
    Suche nach lukrativen Boni sind darüber hinaus die Auszahlungsbedingungen.
    In der Regel gelten für Slots 100 %, während Roulette, Blackjack und andere Tischspiele entweder nur zu kleinen Prozentsätzen oder
    gar nicht beitragen. Nicht alle Spiele tragen zu gleichen Teilen zu den Umsatzbedingungen bei.
    Wenn Sie also einen 10 € Bonus erhalten, müssen Sie zwischen 200 € und 400 € umsetzen.

    References:
    https://online-spielhallen.de/kings-casino-ihr-mobiles-spielvergnugen-fur-unterwegs/

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles