This archive report was first published on 29 October 2019.
On October 28, 2019, International Monetary Fund (IMF) Director Abebe Selassie commended Kenya's progress in the fight against corruption, highlighting the country's stable economic growth.
Speaking at State House in Nairobi, Mr. Selassie, Director for African Departments, noted that Kenya's economic growth, averaging between 5.5 and 6 percent, is a result of fiscal reforms aimed at ensuring macroeconomic stability.
"Because of this, Kenya is a leading light in terms of economic reforms and growth in the region," Mr. Selassie said.
During the meeting, President Uhuru Kenyatta and Mr. Selassie discussed the relationship between Kenya and the IMF, agreeing on closer cooperation.
President Kenyatta thanked the IMF for its technical support, emphasizing the institution's key role in maintaining economic stability.
He also expressed the government's commitment to a stronger partnership with the IMF, as it implements programs aimed at improving the lives of Kenyans.
Mr. Selassie introduced the new IMF Kenya Resident Representative, Tobias Rasmussen, who replaced Jan Mikkelsen, whose tenure ended on September 13.
President Kenyatta assured the IMF officials that his door would always be open for discussions that benefit the country.
