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Originally published by Capital Business
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business
October 11, 2025
5h ago

IMF urges fiscal discipline, debt sustainability after Kenya visit

IMF urges fiscal discipline, debt sustainability after Kenya visit

NAIROBI, Kenya, Oct 11 - The International Monetary Fund (IMF) has urged Kenya to strengthen public finance management and debt sustainability, following Kenya breaking news | Kenya news today |..

✨ Key Highlights

The International Monetary Fund (IMF) has urged Kenya to strengthen public finance management and ensure debt sustainability following a two-week mission to Nairobi. The discussions aimed to assess Kenya's economic outlook and explore policies for a new IMF program.

  • Previous $3.6 billion Extended Fund Facility (EFF) and Extended Credit Facility (ECF) programs, valued at about $800 million, stalled earlier this year.
  • The IMF team was led by Mission Chief Haimanot Teferra.
  • The visit emphasized credible fiscal policies, improved governance, and minimizing risks, coming months after the government withdrew tax hikes in the 2024 Finance Bill due to protests.

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