Why Kenya is unlikely to ink a new IMF deal before 2027 polls

Authorities in Kenya have remained cautiously optimistic of the timing of a new IMF deal

Photo credit: Shutterstock

Kenya is unlikely to ink a new deal with the International Monetary Fund (IMF) before the conclusion of the August 2027 General Elections, dealing a blow to Treasury's efforts to plug the budget deficit using cheap loans.

Multiple people familiar with the IMF thinking reckon it would be unlikely for the IMF to reach a new deal with Kenya, barely 11 months to the August 9, 2027 polls, which raise concerns on policy continuity in the event of a regime change.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.