Serikali ya Kenya inatafuta programu mpya ya IMF baada ya kufeli kwa makubaliano ya 2025

Serikali ya Kenya imetangaza mipango ya kurudi kwa Shirika la Fedha la Kimataifa (IMF) kwa fedha mpya ili kujaza pengo la bajeti, huku ikichukua hatua za ubinafsishaji wa biashara za serikali. Timu ya IMF imewasili Nairobi kuanza mazungumzo juu ya mpango mpya unaotarajiwa kudumu miaka mitatu. Hii inafuata kufeli kwa programu za awali za Mfuko wa Kuongeza Fedha (EFF) na Kifaa cha Mikopo Iliyopanuliwa (ECF) mnamo Machi 2025.

Waziri Mkuu wa Hazina Chris Kiptoo alifafanua habari hii wakati akionekana mbele ya Kamati ya Idara ya Bunge la Taifa kuhusu Fedha na Mipango ya Kitaifa ili kuwasilisha Taarifa ya Sera ya Bajeti ya 2026. Alisisitiza kuwa mazungumzo yatazingatia programu mpya kabisa badala ya kuendelea na ile ya awali.

"Tulikuwa na programu na IMF ambayo ilimalizika mwaka jana. Tulikubaliana na IMF kutofanya tathmini ya tisa na ya mwisho," Kiptoo aliwaambia wabunge.

Timu ya IMF iko nchini kwa wiki mbili za mashauriano. Mpango unaopendekezwa utazingatia ufadhili wa muda mrefu na utulivu wa kifedha. Programu ya awali ya miaka minne yenye thamani ya Ksh464.47 bilioni (USD3.6 bilioni) ilipangwa kuendelea hadi Aprili 2025, lakini ilikatishwa baada ya Kenya kushindwa kukidhi malengo 11 kati ya 16, na hivyo kupoteza Ksh110 bilioni (USD850.9 milioni) ya fedha.

Pia, serikali haijui kuongeza madeni ghali ya kibiashara, bali inazingatia kuunganisha madeni na kufuata kikomo cha kisheria cha madeni. Wiki iliyopita, serikali ilikusanya Ksh290 bilioni kutoka masoko ya kimataifa kupitia uuzaji wa Eurobond ili kurudisha madeni yanayokomaa 2028 na 2032.

Waziri wa Hazina John Mbadi alisema fedha hizo zilipatikana kupitia uuzaji wa bondi katika masoko ya kimataifa, kama sehemu ya juhudi za kurahisisha malipo ya madeni ya Kenya.

Kuhusu mtazamo wa kiuchumi, Kiptoo alisema uchumi wa Kenya ulikua kwa asilimia 5.0 mwaka 2025 na unatarajiwa kukua kwa asilimia 5.3 mwaka 2026, unaongozwa na tija bora ya kilimo, ukuaji thabiti katika sekta ya huduma na wingi wa remitansi kutoka diaspora. Akiba ya fedha za kigeni ilipanda hadi Ksh1.561 trilioni (USD12.1 bilioni) kufikia Desemba 2025, sawa na miezi 5.2 ya kugharamia bidhaa, ikiongezeka kutoka Ksh1.303 trilioni (USD10.1 bilioni) mwaka 2024. Fahirisi ya NSE 20 Share ilipanda asilimia 52.4 Januari 2026 ikilinganishwa na mwaka uliopita.

Serikali itaendelea na mageuzi, ikijumuisha kuongeza mapato ya ndani, kupunguza matumizi, kidijitali cha mifumo ya fedha za umma, utekelezaji kamili wa e-procurement, mpito kwa uhasibu wa akkru, kuanzisha Akaunti Moja ya Hazina na matumizi yanayoongezeka ya ushirikiano wa umma na binafsi.

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South African Finance Minister Enoch Godongwana presents the 2026 budget, highlighting debt stabilisation, social grants, and infrastructure investment.
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South Africa unveils 2026 budget focusing on debt stabilisation

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Finance Minister Enoch Godongwana presented the 2026 National Budget on 25 February 2026, announcing debt stabilisation at 78.9% of GDP and the withdrawal of proposed tax increases. The budget allocates R292.8 billion for social grants with increases for recipients and commits R1.07 trillion to infrastructure over the medium term. Reforms aim to enhance economic growth and public service efficiency amid a projected 1.6% growth for 2026.

Credit rating agency Fitch has affirmed Kenya's sovereign credit rating at 'B-' with a stable outlook, citing consistent debt repayments and growing foreign reserves. However, the agency warns of persistent revenue shortfalls and high external debt servicing needs.

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Kenya's Controller of Budget, Margaret Nyakang’o, urges the government to diversify sources for funding the national budget. She warns that excessive reliance on the International Monetary Fund (IMF) could weaken the government's position.

Egypt is seeking to align international development support with state fiscal reform priorities to maximise the effectiveness of technical and financial aid, Deputy Finance Minister for Fiscal Policy Yasser Sobhi said on Saturday. Speaking at the third annual meeting of the Public Financial Management coordination committee, Sobhi stated that the ministry is committed to completing its management development path by deepening cooperation with international partners. This coordination aims to support the implementation of reform efforts, stimulate economic growth, and improve the efficiency of public services and social protection programmes.

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Egypt’s Ministry of Finance has announced plans to issue local debt instruments worth EGP 843bn in February 2025, as part of a broader strategy. The plan encompasses tenders totaling EGP 2.703tn in the third quarter of FY 2025/2026 to repay maturing debts and fund the state budget deficit.

Hassan Abdalla, Governor of the Central Bank of Egypt, met Kristalina Georgieva, Managing Director of the International Monetary Fund, to discuss progress on Egypt's economic reform programme. The meeting occurred on the sidelines of the 10th Arab Public Finance Forum in Dubai. Discussions centered on bilateral cooperation and the country's latest macroeconomic indicators.

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Building on recent announcements at investor forums, Egypt's Investment Minister Hassan El-Khatib told a Moody's Ratings delegation that the country aims to double annual foreign direct investment to $24 billion through structural reforms in economic, monetary, and fiscal policies.

 

 

 

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