During  his U.S tour, in Washington D.C., President Ruto said that they agreed to forge a "forward-looking partnership", focusing on building a shared commitment to a transparent and sturdy economic governance.

President Ruto praised the IMF for being a constructive partner in Kenya’s economic transformation, noting that it has provided valuable expertise on managing external debts and technical assistance across key sectors of the economy. 

"Through the dedicated support of our international partners, including the IMF, Kenya’s economy has recorded notable progress, rising from the eighth to the sixth-largest on the continent in just two years," he noted in a statement. 

"We greatly appreciate this support and remain committed to deepening these partnerships as we pursue economic resilience, accelerated development, and shared prosperity for all Kenyans." 

Ruto also met with the Managing Director of the International Finance Corporation (IFC) Makhtar Diop to bolster Kenya's approach to development financing, including the establishment of an Infrastructure Fund, adding it is drawing strong interest from interested partners. 

He intimated the Kenya is set to host an IFC delegation in Kenya early next year, to advance discussions on energy and infrastructure investment, especially the modernisation of Jomo Kenyatta International Airport (JKIA) under the Public Private Partnership model. 

"Other areas of partnership include the expansion of major roads, generation and transmission of geothermal, hydro and wind power," he noted. 

Likewise, Ruto welcomed the move by the International Development Finance Corporation (DFC) to proceed with the $1 billion (Ksh.129.8 billion) debt-for-food security swap which will allow Kenya to replace costly existing debt with lower-cost financing on condition it channels the savings towards programmes to boost food security. By Moses Kinyanjui, Citizen