Officials from the International Monetary Fund (IMF) have wrapped up their mission to Nairobi after holding talks with Kenyan authorities on the country’s economic outlook, debt management, and fiscal discipline.
The discussions came as Parliament tabled a Sh287 billion supplementary budget, which the government says will go toward urgent needs in health, education, infrastructure, and social protection programmes.
During the visit, IMF representatives noted that global developments, including tensions and conflict in the Middle East, could create economic uncertainty that could affect countries like Kenya. They emphasised the importance of maintaining strong economic policies to help cushion the country against external shocks.
The IMF team also met with Treasury Cabinet Secretary John Mbadi and Central Bank Governor Kamau Thugge, where conversations centred on keeping Kenya’s debt manageable while strengthening the economy’s resilience.
At the heart of the talks was the need for better governance, efficient use of public resources, and careful fiscal planning to ensure Kenya stays on a stable economic path in the coming years.
The discussions came as Parliament tabled a Sh287 billion supplementary budget, which the government says will go toward urgent needs in health, education, infrastructure, and social protection programmes.
During the visit, IMF representatives noted that global developments, including tensions and conflict in the Middle East, could create economic uncertainty that could affect countries like Kenya. They emphasised the importance of maintaining strong economic policies to help cushion the country against external shocks.
The IMF team also met with Treasury Cabinet Secretary John Mbadi and Central Bank Governor Kamau Thugge, where conversations centred on keeping Kenya’s debt manageable while strengthening the economy’s resilience.
At the heart of the talks was the need for better governance, efficient use of public resources, and careful fiscal planning to ensure Kenya stays on a stable economic path in the coming years.
