IMF Staff Concludes Visit to Kenya
An International Monetary Fund (IMF) mission has concluded a two-week visit to Kenya, marking the start of discussions that could lead to a new IMF-supported economic programme aimed at restoring fiscal credibility and strengthening economic resilience.
The team, led by Haimanot Teferra, was in Nairobi from September 25 to October 9, 2025, to assess Kenya’s economic conditions and explore the government’s forward-looking policy agenda. Meetings were held with President William Ruto, Treasury Cabinet Secretary John Mbadi Ng’ongo, and Central Bank Governor Kamau Thugge, alongside senior government officials, legislators, business leaders, and representatives of civil society and development partners.
In a statement issued at the end of the mission, Ms. Teferra said the IMF staff made “progress in taking stock of the latest macroeconomic and financial sector developments” and initiated talks on a reform agenda that could underpin future IMF support.
Policy discussions, she noted, focused on enhancing fiscal policy credibility, ensuring debt sustainability, and mitigating fiscal, financial, and external sector risks. The talks also covered governance reforms and efforts to improve transparency and efficiency in public sector management.
“The team will return to Washington, D.C. to further its technical work,” Ms. Teferra said. “Discussions with the authorities will continue during the upcoming IMF Annual Meetings.”
The IMF described the engagement with Kenyan authorities as “candid and constructive,” underscoring the Fund’s commitment to working with Nairobi to build a more robust, sustainable, and inclusive economy.
The mission also expressed appreciation to the government, the private sector, civil society, and development partners for their cooperation and hospitality during the visit.
