As Kenya's current program with the International Monetary Fund (IMF) draws to a close in March 2025, Kenya finds itself at a critical fiscal juncture. The country's economic trajectory in the coming years will be shaped by a complex interplay of domestic financial pressures and global economic trends.
Kenya's fiscal challenges are multifaceted. The country faces substantial foreign and domestic interest service costs, amounting to at least $7.7 billion annually between FY 2024/25 and FY 2027/28.