IMF Staff Concludes Visit to Kenya

IMF Staff Concludes Visit to Kenya

October 10, 2025

Nairobi, Kenya: An International Monetary Fund (IMF) staff team led by Haimanot Teferra visited Nairobi from September 25-October 9, 2025. The purpose of the visit was to assess Kenya's current economic situation and initiate discussions on the government's forward-looking policies and strategy, that could be supported through an IMF program. The team held meetings with H.E. President Ruto; Cabinet Secretary John Mbadi Ng'ongo; Governor Kamau Thugge of the Central Bank of Kenya, and their respective teams. The IMF team also engaged with members of Parliament, officials from various government agencies, and representatives from civil society organizations, private businesses, the financial sector, and development partners.

At the conclusion of the visit, Ms. Teferra issued the following statement:

"The IMF staff team made progress in taking stock of the latest macroeconomic and financial sector developments, assessing the economic outlook, and holding initial discussions with the Kenyan authorities and other stakeholders on a reform agenda that could pave the way for an IMF-supported program. The policy priorities include measures to enhance fiscal policy credibility, ensure sustainability of public finances and debt, and minimize fiscal, financial, and external sector risks as well as ways to enhance governance, transparency, and efficiency in the public sector.

"The team will return to Washington, D.C. to further its technical work. The discussions with the authorities will continue during the upcoming IMF Annual Meetings..

"We welcome the Kenyan authorities' candid engagement and remain steadfast in our commitment to partnering with Kenya to secure a more robust, sustainable, and inclusive economic future for all Kenyans.

"We thank the authorities and all our partners-representatives of the private sector, civil society, development partners and other stakeholders in Kenya-for their hospitality, and the constructive discussions and support during the visit."