The International Monetary Fund (IMF) managing director Kristalina Georgieva has said Kenya is on the right track towards economic recovery.
The IMF boss who met president Ruto at the State House on Wednesday praised the measures put in place by the government such as prioritizing investment in agriculture and Micro and Small Enterprises.
She further commended the government’s dynamism of investment, prudent fiscal measures, and transparency in governance, which will offer quick turnaround results.
“We commend you for what you are doing on your fiscal measures. The country is certainly headed in the right direction,” she said.
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She said IMF is ready to join forces with the government to fast-track the country’s economic recovery programmes.
In support of Georgieva’s statements, president Ruto said the government had cut down on new projects and removed subsidy programmes that were draining the country financially.
He said the government has deliberately invested in agriculture and MSESs to create opportunities, income, and wealth for as many Kenyans as possible in line with the Bottom-Up economic transformation agenda.
“We commit to staying the course, especially on fiscal discipline and giving priority to projects that will have money circulate,” he said.