Consequences of IMF's Potential Delay in Granting Funding to Kenya

Monday, 8 July 2024, 01:00

The delay in IMF funding approval due to the withdrawal of the Finance Bill 2024 may impact Kenya's future disbursements and financial targets. Specifically, the national government's primary budget balance and tax revenue face potential reviews. This uncertainty could have lasting repercussions on Kenya's economic stability and development.

Consequences of IMF's Potential Delay

The withdrawal of the Finance Bill 2024 is set to force a review of future disbursements by the IMF. This review includes critical aspects such as the primary budget balance of the national government and tax revenue.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe