The International Monetary Fund (IMF) has announced plans to send a team to Kenya in 2025 to assist the government in implementing governance reforms. This decision follows a recent visit by IMF Deputy Managing Director Nigel Clarke, during which he met with key government officials, including the President, Treasury Cabinet Secretary, and Central Bank Governor.

Clarke clarified that the IMF's role is to provide economic advice and support, not to dictate specific policy measures. He emphasized that the Kenyan government is solely responsible for its tax policies and other economic decisions.


Regarding the IMF's recent decision to reduce its disbursement to Kenya, Clarke explained that this was due to the government's successful Eurobond issuance, which reduced the country's immediate financing needs.

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The IMF has also cautioned Kenya against excessive borrowing, urging the government to adopt a sustainable fiscal strategy to reduce debt vulnerability.

While the governance diagnostics will provide a roadmap for reforms, the IMF acknowledges that it is not a magic solution. The successful implementation of these reforms will require sustained commitment from the Kenyan government.