IMF Approves Ksh.28 billion loan to Kenya Raising The Debt Ceiling To 10 Trillion
The IMF states Kenya’s medium-term outlook remains favorable despite near-term risks represented by rising commodity prices and drought in semi-arid regions.
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Inflation
June inflation rate rises to 5.7 pc
The Kenya National Bureau of Statistics (KNBS) has quoted the end month inflation rate at 5.7 percent to indicate a 0.2 percent upward adjustment to commodity prices during the month of…
Drought, cause of rise of inflation rate to 4.3pc
Inflation figures rose marginally in March following an increase in the price of basic food commodities driven by the ongoing drought in the country, putting a strain on household budgets.…
