A staff team from the International Monetary Fund (IMF), led by Ms. Haimanot Teferra, visited Nairobi during March 6-14, 2025.
In a statement on Tuesday, September 17, the IMF disclosed that the team held discussions with Kenyan authorities on recent developments and the macroeconomic outlook.
“The Kenyan authorities and IMF staff have reached an understanding that the ninth review under the current Extended Fund Facility and Extended Credit Facility programs will not proceed,” Teferra remarked.
At the same time, she confirmed that the IMF had received a formal request for a new program from the Kenyan authorities and promised to engage with them going forward.
“The staff team would like to express its gratitude to the Kenyan authorities for their engagement and hospitality during this mission,” she added.
The team met with H.E. President Ruto, Cabinet Secretary Mbadi Ng’ongo, Central Bank of Kenya Governor Thugge, and their teams, as well as representatives from various government agencies, and other key stakeholders.
