Executive Board
Board Discussions
on Kenya:

January 25, 2017
March 14, 2016
September 16, 2015
February 2, 2015
September 22, 2014

Article IV Staff Reports

Projected % Change
   2017  2018
Real GDP 5.3 5.8
Consumer Prices 6.5 5.2
Source: World Economic Outlook (April 2017)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Kenya: Financial Position in the Fund

Transactions with the Fund

Africa Training Institute

IMF Resident Representative
Office in Kenya

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Kenya and the IMF
Updated September 11, 2017

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IMF Survey Online
May 09, 2017 -- Sub-Saharan Africa: Restarting the Growth Engine
September 19, 2016 -- Leveraging Financial Technology for the Underbanked
September 10, 2015 -- Podcast : Sub-Saharan Africa Getting a Grip on Inflation
Inflation can determine a currency’s purchasing power as high inflation means rising prices. But what drives inflation differs from region to region. In this podcast we talk with Oral Williams, IMF Mission Chief for Malawi and coauthor of a new research paper that shows the drivers of inflation are changing in sub-Saharan Africa.
February 26, 2015 -- Podcast : Building a Monetary Union in East Africa
The Quest for Regional Integration in the East African Community lays out all aspects of the ongoing financial integration process for Uganda, Kenya, Tanzania, Rwanda and Burundi.
February 02, 2015 -- IMF Survey : Kenya Gets $700 Million from IMF as ‘Insurance’ Financing
The IMF Executive Board approves a financing package of about $700 million for Kenya that the country’s authorities plan to use as insurance against external shocks. Kenya plans not to draw on this precautionary financing unless the balance of payments comes under pressure.
October 11, 2014 -- IMF Survey : Affected Countries Working on Post-Ebola Recovery Plan
The three countries worst hit by the Ebola outbreak in West Africa are working on a post-Ebola recovery plan, Sierra Leone Finance Minister Kaifala Marah tells a Washington news conference, adding that the outbreak has reversed years of economic progress in Sierra Leone.
October 02, 2014 -- IMF Survey : Kenya Poised to Reap Rewards of Prudent Policies
Rising domestic and foreign investment are set to boost economic activity in Kenya, as the central African country reaps rewards of extensive institutional reforms and prudent macroeconomic policy, the IMF staff says in a regular review of the nation’s economy.
December 30, 2013 -- IMF Survey : New Pacts Ease Path Toward East African Single Currency
Moves toward deeper economic integration among the countries of the East African Community—Burundi, Kenya, Rwanda, Tanzania, and Uganda—gain new impetus from agreements on monetary union and cross-border payments sealed in recent weeks.
September 20, 2013 -- IMF Survey : Frontier Economy Kenya Progresses with Financial Inclusion
Kenya’s policy of financial inclusion—making financial services more accessible to the general population—will help the country solve its poverty problem, a conference in Nairobi hears.
September 16, 2013 -- Podcast : Kenya's Economy Takes Off
Kenya is one of the success stories of Africa’s economic resurgence. With this strong performance in mind, the Kenya and the IMF will co-host a conference to discuss the country's prospects.

September 09, 2013 -- IMF Survey : Kenya-IMF Event to Explore Pathway for Emerging Markets
The Kenyan government and the IMF announce a conference in Nairobi later this month that will highlight Kenya’s success and prospects. An underlying theme will be inclusive growth that spreads economic growth benefits to all Kenyans.
June 20, 2013 -- IMF Survey : IMF, U.K. in Joint Research on Developing Country Policy Issues
Amid a shortage of high-quality policy research on low-income countries, the IMF partners with the U.K. Department for International Development in a three-year project to generate research findings that can feed into these countries’ economic policies.
March 27, 2013 -- IMF Survey : IMF Sees Big Gains from Energy Subsidies Reform
Subsidies are intended to protect consumers by keeping prices low. But many argue subsidies are inefficient and could be replaced with better means of protecting consumers in need. A new IMF paper urges governments the world over to reform subsidies affecting products ranging from coal to gasoline.
December 21, 2011 -- IMF Survey: IMF Boosts Loan to Kenya to Help Cope With Regional Drought
The IMF approves a $143 million loan payout to help Kenya cope with the severe drought in the Horn of Africa and higher food and fuel prices. In its regular review of the country’s economy, the IMF says Kenya is preserving the basis for strong growth.
August 24, 2011 -- IMF Survey: IMF in Talks on Financing Boost for Drought-hit Africa
The IMF, welcoming international support for drought-hit countries in the Horn of Africa, is discussing with Djibouti and Kenya increasing existing loans to the two East African countries as part of the response. The IMF’s African Department head says there is also room to boost disaster-relief aid effectiveness.
February 08, 2011 -- IMF Survey: IMF Lends $508.7 Million to Help Kenya Launch Key Reforms
The IMF approves a $508.7 million loan to back Kenya’s economic program, as the country embarks on reforms arising from the implementation of its new constitution. The program will help Kenya deal with vulnerabilities that could derail its efforts to accelerate growth.
March 10, 2010 -- IMF Survey: Africa Rebounding Almost in Line with World Recovery
IMF chief Dominique Strauss-Kahn says he is optimistic about Africa’s economic prospects in the wake of the global economic crisis and that the continent is bouncing back after the recession.
March 08, 2010 -- IMF Survey: IMF Chief Highlights Africa's Next Steps for Transformation
After getting through the global economic crisis relatively well, Africa must now address longer term challenges to the continent's future, including governance issues and climate change, to be able to press ahead with the region's economic transformation, says Dominique Strauss-Kahn.
March 08, 2010 -- IMF Survey: Africa Seeing Signs of Recovery After Global Crisis—IMF
After getting through the global economic crisis relatively well, Africa must now address longer term challenges to the continent's future, including governance issues and climate change, to be able to press ahead with the region's economic transformation, says Dominique Strauss-Kahn.
March 04, 2010 -- IMF Survey: Private Sector Gains Ground in Africa
The growing role of the private sector in Africa has been credited by the head of the IMF's African Department for sustaining foreign investment during the recent global slump. In an interview, Antoinette Sayeh says Africa has demonstrated a new openness.
March 04, 2010 -- IMF Survey: Africa Faces Twin Challenges After Global Crisis
With world recovery under way, Africa faces the twin challenges of reviving strong growth and reinforcing resilience to the economic shocks that regularly batter the continent, IMF officials say, as the IMF's head embarks on a three-country visit to the region.
January 08, 2010 -- IMF Survey: IMF Shocks Loan, Policy Changes Help Kenya's Recovery
Less than a year after drawing on an emergency IMF loan, Kenya is showing signs of economic recovery, the IMF says in its regular assessment of the country’s economy. Kenya’s loan drawdown allowed the country to close financing gaps that opened up during 2008.
March 09, 2009 -- IMF Survey: IMF Pushes on Aid for Africa, Revival of World Trade Talks
The IMF, worried that economic gains in Africa will slip away because of the global downturn, presses advanced countries to honor, and even scale up, aid commitments and calls for a revival of stalled world trade negotiations.