National Assembly Speaker Moses Wetang’ula on Tuesday led a high-level discussion with representatives from the World Bank and the International Monetary Fund (IMF) in Nairobi, focusing on how global institutions can strengthen Kenya’s economic transformation agenda.
The meeting, held at Parliament Buildings, brought together senior officials from both financial institutions led by World Bank Group Director Qimiao Fan.
The discussions were attended by members of the Parliamentary Network on the World Bank and IMF Caucus, chaired by Wajir East MP Mohamed Adan Daud.
According to a statement shared by the Speaker, the session sought to explore ways of deepening collaboration between Kenya’s Parliament and the two global lenders as the country implements major economic reforms.
According to a statement shared by the Speaker, the session sought to explore ways of deepening collaboration between Kenya’s Parliament and the two global lenders as the country implements major economic reforms.
“Today, I met with representatives from the World Bank and IMF to discuss avenues for supporting Kenya’s transformation goals,” Wetang’ula wrote on X (formerly Twitter).
He underscored Parliament’s critical role in overseeing the use of public funds and emphasized the need to strengthen accountability mechanisms across government departments.
He underscored Parliament’s critical role in overseeing the use of public funds and emphasized the need to strengthen accountability mechanisms across government departments.
“I highlighted the National Assembly’s oversight responsibility on public expenditure and called for additional support to the Office of the Auditor-General to enhance its capacity in auditing public institutions,” he said.
Wetang’ula further recommended that the offices of the Attorney-General, the Ethics and Anti-Corruption Commission, and the Director of Public Prosecutions be similarly empowered to bolster the national fight against corruption.
He also reaffirmed Parliament’s commitment to passing laws that would accelerate the conclusion of corruption-related cases and ensure greater efficiency in handling economic crimes.
The Speaker expressed appreciation for the continued support Kenya receives from the World Bank and IMF, especially at a time when the government is pursuing the Bottom-Up Economic Transformation Agenda (BETA).
The Speaker expressed appreciation for the continued support Kenya receives from the World Bank and IMF, especially at a time when the government is pursuing the Bottom-Up Economic Transformation Agenda (BETA).
He noted that partnerships with international lenders have played a major role in helping the country implement fiscal reforms and sustain development projects amid a tight financial environment.
The talks followed another meeting earlier this month between Treasury Cabinet Secretary John Mbadi and World Bank Managing Director for Operations, Anne Bjerde.
The talks followed another meeting earlier this month between Treasury Cabinet Secretary John Mbadi and World Bank Managing Director for Operations, Anne Bjerde.
During that engagement, Mbadi commended the Bank’s consistent support and urged for timely release of development financing under the ongoing Development Policy Operations (DPO) programme.
“The government remains committed to pursuing responsible fiscal policies to reduce debt vulnerabilities and protect essential social programmes,” Mbadi stated, adding that the administration is working closely with partners to strengthen accountability and improve the delivery of key reforms.
Observers say the renewed engagements between Kenya’s leadership and global lenders reflect the country’s determination to stabilize its economy, reduce public debt pressures, and promote transparency in resource management.
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