The World Bank has cut Kenya's growth forecast for this year by half a point from its initial prediction to 4.5%, it said on ...

World Bank's project guarantee fund is covering three clean energy projects in Kenya, significantly boosting investor ...

The World Bank has approved a credit from the International Development Association (IDA) in the amount of $219.8 million (approximately CFAF 133 billion) to support Mali in improving ...

Kenya risks defaulting on its loans if it fails to deal decisively with corruption in the public sector, cut the wage bill, and review its uncertain tax policies.In a strongly worded public finance ...

Stanley Fischer, who helped shape modern economic theory during a career that included heading the Bank of Israel and serving ...

The World Bank has recommended that Kenya raise the income tax rate for its highest earners to 38% as part of efforts to ...

The World Bank has urged Kenya to freeze public sector hiring for two years, redeploy existing staff, and cut costly ...

Kenya’s economic growth rate is expected to slow for the second straight year amid headwinds from tight public finances and ...

The Economic Affairs Division has initiated work on a comprehensive implementation framework for unlocking a $40 billion ...

The World Bank also wants higher taxes on soft drinks, effectively bringing a sugar tax to discourage the consumption of sweetened beverages. The World Bank is seeking higher taxes on alcohol and ...

Stanley Fischer, who helped shape modern economic theory during a career that included heading the Bank of Israel and serving ...