The IMF has stalled talks on a
successor to Kenya's expired $3.6 billion program from April 2025, citing risks
from the upcoming vote. Online discussions highlight President Ruto's re-election
challenges, with slang like 'Wantam' expressing public fatigue and memes
mocking the situation.
Treasury officials are turning to the World Bank and African Development Bank for $985 million in loans to bridge the budget gap, while a new IMF mission is planned later this year.