Kenya is due to pay the IMF approximately 25 bln shillings (USD 154 mln) in interest and fees within the 12 months ending April 2024. This repayment is part of Kenya’s significant borrowing from the IMF, making it one of the fund’s top borrowers. The IMF has set benchmarks for its loans, including recommendations for Kenya to eliminate fuel and energy subsidies and implement tax measures to increase government revenue. Kenya’s total debt to the IMF was about USD 2.051 bln by the end of 2023.