Kenya is preparing to restart talks with the International Monetary Fund (IMF) in February 2026 as it explores a new funding arrangement, officials at the National Treasury have confirmed. The negotiations, initially scheduled for January, were postponed to allow for additional internal consultations within government agencies.
Raphael Owino, the head of the Public Debt Management Office, said the IMF delegation is expected to return to Nairobi before the end of February to continue discussions. He noted that the talks will center on Kenya’s fiscal position, debt sustainability, and the broader economic outlook.
“The discussions will help align Kenya’s fiscal framework with the realities of the current economic environment while ensuring that debt remains sustainable,” Owino said.
The upcoming negotiations come at a time when Kenya faces mounting fiscal pressures, including rising debt service obligations and a challenging revenue environment. The government has been seeking to balance fiscal consolidation with the need to support economic growth and social spending.
Kenya’s engagement with the IMF has been a key pillar of its economic reform agenda, providing both financial support and policy guidance. The new round of talks is expected to shape the next phase of cooperation between the two sides, potentially leading to a fresh funding arrangement later in the year.
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