NAIROBI, June 26 – The International Monetary Fund has shared a draft governance diagnostic assessment with the Kenyan government and is awaiting its feedback, as discussions continue over a potential new IMF-supported financing program.
The governance assessment is designed to identify institutional weaknesses, governance gaps and vulnerabilities to corruption that could affect economic management and public sector performance.
According to the IMF, the report has been submitted to Kenyan authorities for review, with publication dependent on the government’s consent after comments have been incorporated.
The assessment is expected to play an important role in ongoing discussions over a new IMF-supported economic program following the early termination of Kenya’s previous arrangement in 2025.
The Fund also confirmed that it is consulting with Kenyan authorities on the timing of the country’s next Article IV Consultation, the IMF’s regular assessment of a member country’s economic conditions, fiscal outlook and policy framework.
The Article IV consultation provides an independent review of macroeconomic performance and policy recommendations, serving as a key component of the IMF’s economic surveillance process.
Kenya’s previous IMF-supported program concluded without a final review after it was discontinued earlier in 2025.
A successful conclusion to the governance assessment and Article IV consultation could help pave the way for renewed negotiations on financial support, as Kenya continues to pursue fiscal reforms, strengthen public finances and maintain macroeconomic stability.
The governance diagnostic forms part of the IMF’s broader effort to help member countries improve transparency, strengthen public institutions and reduce corruption risks, with the objective of supporting sustainable economic growth and investor confidence.
