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flag The IMF is deciding whether to approve a new financial program for Kenya amid severe debt and revenue challenges.

flag The IMF is expected to announce soon whether to approve a new financial program for Kenya, critical as the country faces a Sh11.81 trillion debt burden, revenue shortfalls, and limited borrowing options. flag A two-week assessment mission concluded in Nairobi, evaluating Kenya’s request after it ended a prior $2.3 billion IMF deal due to unmet targets. flag A new agreement would likely bring tough conditions, including spending cuts, tax increases, and anti-corruption reforms, potentially sparking political unrest. flag High borrowing costs and a Sh20.1 billion July revenue shortfall have weakened the government’s ability to fund its development agenda. flag The decision, expected imminently, could force significant economic adjustments.

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