Kenya undecided on need to enter new IMF deal

Chairperson of Presidential Council of Economic Advisors Dr David Ndii gives a speech during an Economic Forum at Serena Hotel in Nairobi on November 7, 2023. 

Photo credit: File | Nation Media Group

Kenya is undecided on whether it needs a new funding programme with the International Monetary Fund (IMF) despite initiating talks on a new deal with the fund.

David Ndii, the chairperson of the Presidential Council of Economic Advisors, said there has been no consensus on the importance of a new financing deal with the IMF, even as a section of government officials push to wean the country off debt from the multilateral lender.

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