IMF

Ruto clarifies relations with IMF, emphasises Kenya’s financial strength

Framing Kenya’s approach as a sign of strength, not weakness, Ruto said the government’s ability to operate independently demonstrates fiscal responsibility.

Kenya, IMF set to resume funding talks in February

The upcoming visit from IMF staff comes after a challenging 2025, when Kenya terminated a multi-year programme with the lender in March, prompting a tough response from the fund.

IMF plans January mission to continue Kenya funding talks

The previous IMF arrangement ended in March this year, one month before its planned expiry, after the country failed to meet several performance targets, including raising more tax revenue. The collapse of that...

IMF approves additional funding as Somalia pushes ahead with economic reforms

Somalia is implementing reforms under the IMF’s Extended Credit Facility (ECF), a zero-interest loan program that supports low-income countries facing long-term financial challenges.

Ruto hails IMF support as key to Kenya’s economic stability and debt management

Reassuring Kenyans of his government’s commitment to global partnerships, the President said efforts to deepen collaboration with international financial institutions would continue to promote economic stabilit...

Kenya reaffirms partnership with World Bank to drive economic transformation

Both sides agreed to improve coordination through regular portfolio reviews involving the World Bank, the national government, and county governments. These reviews aim to address implementation bottlenecks and...

IMF approves $10 million for Somalia under economic reform program

The funds are part of Somalia’s ongoing economic reform program supported by the Extended Credit Facility (ECF).

IMF concludes Kenya Governance review, report expected by year-end

The outcome of the mission will be a detailed report capturing the team’s findings and offering recommendations to guide the country forward.

Setback as Kenya’s digital procurement plan postponed to July