Prime Cabinet Secretary Musalia Mudavadi has announced that Kenya is preparing to initiate fresh negotiations with the International Monetary Fund (IMF) following the conclusion of the current economic support programme signed in 2021.
Speaking during a Diplomatic Briefing with Heads of Mission and International Organizations, Mudavadi said the new engagement will focus on supporting the government’s Bottom-Up Economic Transformation Agenda (BETA) and aligning with Kenya Kwanza’s key development priorities.
“As the 2021 IMF programme has come to an end, Kenya is now gearing up for fresh discussions aimed at securing a new framework that strengthens our priority projects under BETA,” Mudavadi said.
He reaffirmed the government’s intention to deepen fiscal discipline and maintain macroeconomic stability as central pillars in the new IMF engagement.
Mudavadi also emphasized the administration’s commitment to early preparations for the 2027 general elections, noting that the process of reconstituting the Independent Electoral and Boundaries Commission (IEBC) is already in motion.
“Kenya remains consistent in conducting elections every five years. The reconstitution of the IEBC is underway to ensure readiness ahead of 2027,” he said.
His remarks come amid increasing political attention on the IEBC’s structure and credibility, following disputes in the aftermath of the 2022 elections.
During the briefing, the Prime CS reiterated Kenya’s unwavering support for peace, global partnerships, and regional integration, calling them essential ingredients for national and continental prosperity.
He noted that accelerating the implementation of the African Continental Free Trade Area (AfCFTA) remains a top priority for Kenya, as it seeks to open up markets and enhance intra-African trade.
“We view AfCFTA as a game-changer in our economic future, and we are committed to fast-tracking its full implementation,” he told diplomats.
Addressing recent reports concerning Sudan, Mudavadi dismissed claims that a parallel government had been formed in Kenya, reaffirming the country’s position in support of peace and dialogue in the region.
“Let me be clear — Kenya has not facilitated the formation of any parallel government in Sudan. Our stance is firm: we support a peaceful and stable Sudan,” he said.
Kenya has been playing a diplomatic role in ongoing efforts to bring an end to the conflict in Sudan, under both IGAD and AU frameworks.
