The International Monetary Fund published an end-of-mission statement following a staff visit to Kenya to discuss recent economic developments and the authorities’ policy agenda, and to advance technical discussions linked to the authorities’ programme request. The staff team highlighted priorities to strengthen fiscal discipline and fiscal credibility and to build resilience to external shocks, supported by stronger governance and greater public sector efficiency. The mission, led by Haimanot Teferra, met with the Cabinet Secretary for the National Treasury and Economic Planning John Mbadi Ng’ongo, the Governor of the Central Bank of Kenya Kamau Thugge, and other ministries, independent oversight bodies, civil society organisations, the financial sector, private businesses, and development partners. Key risks discussed included potential spillovers from developments in the Middle East, and the IMF noted the statement reflects staff views and will not result in an Executive Board discussion. Engagement with the authorities will continue during the IMF-World Bank Group Spring Meetings.
International Monetary Fund 2026-03-05
International Monetary Fund staff concludes Kenya mission advancing programme request talks and urging stronger fiscal discipline and governance
The International Monetary Fund (IMF) released an end-of-mission statement after a staff visit to Kenya, emphasizing fiscal discipline, credibility, and resilience to external shocks. Discussions with Kenyan authorities, including the Cabinet Secretary for the National Treasury and the Central Bank Governor, addressed risks like potential spillovers from the Middle East. The statement reflects staff views and will not lead to an Executive Board discussion, with further engagement planned during the IMF-World Bank Group Spring Meetings.