KIPPRA

KIPPRA

An International Centre of Excellence in Public Policy and Research

A Team from IMF Visit KIPPRA to Discuss Potential Areas of Collaboration

A team from International Monetary Fund (IMF) led by Deputy Director Africa Department, Ms Catherine Patillo and Resident Representative Mr Tobias Rasmussen visited KIPPRA on 25th October 2022. The team was received by Executive Director Dr Rose Ngugi and a host of KIPPRA staff drawn from macroeconomics, productive, private sector development, and governance departments. Discussions centred on the launch of regional economic outlook and potential areas of collaboration including capacity building of KIPPRA staff by IMF.

KIPPRA Executive Director Dr Rose Ngugi (second right) poses for a photo with IMF Deputy Director Africa Department, Ms Catherine Patillo (right), IMF Resident Representative Mr Tobias Rasmussen (third left) and IMF staff during the visit.

The IMF team also got an opportunity to learn more about ongoing research at the institute. KIPPRA staff present at the meeting explained in detail ongoing research activities, the IMF team provided a glimpse of the regional economic outlook noting that growth in 2022 will drop to 3.6 percent from 4.7 percent in 2021. Ms Patillo also noted that the average debt to GDP ratio in Sub-Saharan Africa is 60% with inflation almost doubled and 123 million people food insecure.

KIPPRA Executive Director Dr Rose Ngugi (centre) and IMF Deputy Director Africa Department Ms Catherine Patillo (fourth right) pose for a photo with KIPPRA and IMF staff

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