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Kenya Eyes IMF Deal to Expand External Borrowing in 2025/26 Budget

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Panorama of Nairobi city skyline. © Images of Africa Photobank / Alamy Stock Photo

Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • Treasury signals potential shift in financing mix if new IMF program is secured
  • Domestic borrowing target raises concerns over private sector credit growth

Nairobi, Kenya – Kenya is poised to double its proposed net external financing for the fiscal year starting July 2025 if it secures a new International Monetary Fund (IMF) lending program, which is currently under negotiation.

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