National Treasury Cabinet Secretary John Mbadi met with a senior United States Treasury official on Monday, October 12, 2026, to discuss Kenya’s economic outlook and potential areas of bilateral cooperation.
Mbadi met with Eric Meyer, the US Department of the Treasury’s Deputy Assistant Secretary for Africa and the Middle East, during the 2026 International Monetary Fund (IMF) and World Bank Group Annual Meetings in Bangkok, Thailand.
In a statement, the National Treasury said the meeting offered an opportunity to discuss Kenya’s macroeconomic outlook, review its engagement with the IMF and explore ways to strengthen economic ties with the US.
“The engagement provided a platform to review Kenya’s macroeconomic outlook, assess the status of engagement with the International Monetary Fund (IMF) and consider avenues for strengthening Kenya-U.S. economic cooperation in support of shared development priorities,” the Treasury said in a statement.
It did not specify what agreements, if any, were reached during the meeting or whether the discussions would result in increased financial commitments from either party. The talks covered a review of Kenya’s engagement with the IMF, which offers financial assistance and policy advice to countries grappling with economic challenges.
Kenya’s borrowing from the Fund has been an important aspect of its economic management, helping the country navigate budget deficits, debt sustainability concerns and broader fiscal policy matters.

Despite the importance of the engagement, the Treasury did not provide further detail on the particular programmes or areas of concern that were raised by Mbadi and Meyer during their discussions.
In addition to reviewing Kenya’s economic position, the meeting also addressed ways to boost economic cooperation between Kenya and the US. They have maintained economic ties that include trade, investment and development cooperation. The engagement between the finance officials offers an opportunity for both sides to identify areas of common interest and intensify collaboration in support of economic growth.
The Treasury did not specify particular areas for new cooperation or announce any new initiatives related to trade, investment or financing following the talks.
Mbadi’s meeting with Meyer was part of a larger set of engagements that take place during the IMF and World Bank Group Annual Meetings, where finance ministers, central bank governors and other policymakers convene to address macroeconomic and financial sector issues.
The Bangkok meetings are part of Kenya’s broader engagement on economic policy and development matters with international partners. Any specific outcomes related to the discussions between Mbadi and Meyer will depend on further announcements by the Kenyan and US authorities.