Economy

IMF Team Audits Kenya’s Governance Systems

IMF Team Audits Kenya’s Governance Systems

The International Monetary Fund (IMF) has completed a two-week governance audit in Kenya. The mission, which ran from June 16 to June 30, 2025, focused on assessing how the Kenyan government manages public finances and fights corruption.

Rebecca Sparkman led the IMF team. The experts reviewed Kenya’s systems for tax collection, procurement, financial reporting, and anti-money laundering. They also examined how the Central Bank operates and how institutions detect and prevent corruption.

The audit is part of the IMF’s broader plan to promote good governance and transparency in countries receiving support. The IMF said it aims to help Kenya strengthen its systems and reduce economic risks caused by poor governance.

The team met with several government officials, oversight institutions, civil society groups, and international development partners. These meetings helped the IMF understand Kenya’s strengths and weaknesses in public sector management.

A draft report is expected before the end of 2025. The IMF will then work with Kenyan authorities to implement reforms. The report will likely include specific recommendations for improving transparency, accountability, and efficiency in public spending.

This mission is separate from the IMF’s loan program. Kenya’s previous credit arrangement with the IMF ended in April 2025. The country is now negotiating a new support package. However, the findings of this audit may influence future financial assistance.

For now, the IMF has not released any formal conclusions. But the visit shows growing pressure on the Kenyan government to tighten controls, fight corruption, and rebuild trust in public institutions. The final report could shape Kenya’s economic and governance future in the months ahead.

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