IMF Issues Statement After Investigating Corruption in Ruto Govt
After months of diving deep into a governance diagnostic assessment within President William Ruto’s administration, the International Monetary Fund (IMF) has wrapped up its evaluation.
The Bretton Woods Institution announced the conclusion of the assessment on Tuesday evening, which was focused on pinpointing vulnerabilities to corruption in the current government.
With the assessment now complete, the lender indicated that a report detailing the mission’s findings and suggested strategies to combat corruption in Kenya would be published before the year wraps up.
This governance diagnostic, carried out by the IMF’s Technical Assistance team, also aimed to bolster Kenya’s governance and anti-corruption policies.
In particular, it sought to explore whether issues related to corruption and governance were siphoning off revenue or causing other financial troubles for the state.
Under the leadership of Rebecca Sparkman, the Chief of Fiscal Affairs at the Fund, a dedicated team made their way to Kenya from June 16 to June 30 this year. This recent mission came on the heels of an earlier scoping trip that took place on March 3 and March 5, 2025.
While they were there, the team took the time to connect with both government and non-governmental stakeholders to dig into governance issues and identify areas vulnerable to corruption across various state institutions.
Throughout the mission, IMF officials engaged with Kenyan government representatives, including those in charge of public financial management, tax policy, and revenue administration.
They also held discussions with officials from the mining sector, market regulation, the judiciary, the Central Bank, financial sector oversight, and the Anti-Money Laundering team.
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During the mission, IMF officials collaborated with Kenyan anti-graft officers to evaluate how well the legal and institutional frameworks are working to tackle significant corruption issues.
They also met with representatives from civil society, the private sector, and various business associations to gain insights into the governance challenges and ongoing anti-corruption efforts.
“The IMF team would like to thank the Kenyan authorities and other stakeholders for their hospitality, excellent cooperation, and candid and constructive discussions,” read part of the statement by the IMF.
“Collaboration on the Governance Diagnostic will continue over the next several months. A draft report, which will set out the findings and propose a sequenced, prioritised reform plan,” it added.
In the meantime, Kenya has been grappling with its debt, which has reached alarming levels, making it even harder to generate enough revenue to support its operations.
Last November, Ruto’s administration called for a diagnostic assessment to use the findings to improve public spending efficiency, stimulate growth, and alleviate poverty.
IMF Issues Statement After Investigating Corruption in Ruto Govt
