After months of conducting a governance diagnostic assessment within President William Ruto's administration, the International Monetary Fund (IMF) has finally completed their evaluation.
The Bretton Woods Institution marked the end of the assessment on Tuesday evening, which aimed to identify graft vulnerabilities in the current regime.
Following the completion of the assessment, the lender stated that a report on the mission's findings and proposed measures to curb graft in Kenya would be released before the end of this year.
The governance diagnostic, which was conducted by the IMF's Technical Assistance team, also sought to strengthen Kenya's governance and anti-graft policy.
Specifically, it aimed to investigate and establish whether graft and governance issues were draining revenue or creating other problems in state finances.
Led by the Chief of Fiscal Affairs at the Fund, Rebecca Sparkman, the team visited Kenya between June 16 and June 30 this year. This latest mission followed an earlier scoping mission held on March 3 and March 5, 2025.
While conducting the evaluation, the team engaged with the government and non-governmental stakeholders to examine governance weaknesses and graft vulnerabilities across several state institutions.
During the mission, the IMF officials met with Kenyan government officials, including those responsible for public financial management, tax policy and revenue administration.
They also held meetings with officials in the mining sector, market regulation, judiciary, Central Bank, financial sector oversight, and the Anti-Money Laundering team.
Throughout the mission, the IMF officials engaged with Kenyan anti-graft officers to discuss the effectiveness of legal and institutional frameworks in reducing critical graft vulnerabilities.
Additionally, the mission met with representatives from civil society, the private sector, and business associations to gather perspectives on governance challenges and anti-graft 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.
Meanwhile, Kenya has long struggled with its debt, which has currently hit precarious levels, complicating the efforts to raise adequate revenue to fund its activities.
The diagnostic assessment was required by Ruto's administration in November last year to utilise the evaluation to enhance public spending efficiency, foster growth and reduce poverty.