IMF Gives Way Forward on Supporting Kenya After Assessment

The International Monetary Fund (IMF) has outlined the next steps in its engagement with Kenya after completing an economic assessment mission in Nairobi.

The IMF staff team, led by Haimanot Teferra, visited Nairobi from September 25 to October 9, 2025.

In a statement on Friday, October 10, IMF said 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 President William Ruto, Treasury Cabinet Secretary John Mbadi Ng’ongo, CBK Governor Kamau Thugge, 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.

IMF Update After the Visit

Teferra said the IMF staff team made progress in reviewing Kenya’s latest macroeconomic and financial sector developments.

The team also assessed the country’s economic outlook and held initial discussions with government officials and other stakeholders on a reform agenda that could pave the way for an IMF-supported program.

“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.

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Additionally, Teferra said the IMF team will return to the United States (US) for the technical work ahead of the approaching IMF Annual Meetings.

“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,” she said.

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Message to Kenya

Besides, Teferra thanked Kenyan leaders for their candid engagement and reaffirmed their commitment to partnering with Kenya.

“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,” Teferra said.

“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.”

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