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Ruto hails IMF as key ally in Kenya’s economic reforms, vows deeper partnership

Ruto hails IMF as key ally in Kenya’s economic reforms, vows deeper partnership
President William Ruto with International Monetary Fund Managing Director Kristalina Georgieva: PHOTO/facebook.com/williamsamoei

President William Ruto has praised the International Monetary Fund (IMF) as a critical and dependable partner in Kenya’s ongoing economic reform agenda, saying the institution has played a major role in stabilising the country’s finances and guiding debt management.

The President, in a statement issued on X on Thursday, December 4, 2025, said that he held a meeting in Washington, D.C, with International Monetary Fund Managing Director Kristalina Georgieva. He described the discussions as productive, noting that they focused on deepening and expanding the scope of cooperation between Kenya and the IMF.

President William Ruto with International Monetary Fund Managing Director Kristalina Georgieva: PHOTO/facebook.com/williamsamoei

“In Washington, D.C, I held productive discussions with IMF Managing Director Kristalina Georgieva on broadening avenues of collaboration to bolster our reform agenda and sustain our economic momentum,” he said.

In a detailed statement, the President said the IMF has, over the years, been a reliable partner to Kenya’s economic growth, adding that the Fund’s technical support had strengthened several areas of the economy.

“The International Monetary Fund has, over the years, proven to be a reliable and constructive partner in Kenya’s journey of economic transformation,” he wrote

William Samoei Ruto’s post on X: PHOTO/Screengrab by People Daily Digital/facebook.com/williamsamoei

He noted that the IMF’s involvement had helped Kenya navigate its external debt obligations and provided specialised assistance across different economic sectors.

“Its continued engagement has provided invaluable expertise in the management of our external debt and delivered critical technical assistance across key sectors of our economy,” he stated.

The President also highlighted Kenya’s rise in continental economic rankings, saying support from international partners had contributed to this shift.

“Through the dedicated support of our international partners, including the IMF, Kenya’s economy has recorded notable progress, rising from the eighth to the sixth-largest on the continent in just two years,” he stated.

President William Ruto and other leaders during a meeting in Washington, DC: PHOTO/facebook.com/williamsamoei

Ruto assured the public that his administration would continue working closely with global financial institutions as part of a broader strategy to strengthen economic stability and promote shared prosperity.

“We greatly appreciate this support and remain committed to deepening these partnerships as we pursue economic resilience, accelerated development, and shared prosperity for all Kenyans,” he added.

He concluded by noting that both sides had agreed on a stronger, transparent future partnership.

“We have agreed to forge a forward-looking partnership, built on transparency, mutual understanding, and a shared commitment to sound economic governance,” the statement reads.

Author

Kiprono Keileb

K.K.

View all posts by Kiprono Keileb

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