Audio By Carbonatix
Kenya's government has asked the International Monetary Fund to conduct an official assessment of corruption and governance issues, two sources familiar with the situation told Reuters, after a push by Western nations.
The countries themselves must request the IMF's so-called "governance diagnostic", which investigates whether corruption and governance vulnerabilities are draining revenue or creating other problems in state finances.
"We have encouraged the (Kenyan) authorities in the past, and we continue to encourage them to request a governance diagnostic," said IMF spokesperson Julie Kozack in a scheduled press briefing in Washington.
"Promoting good governance remains an essential part of the IMF engagement with the Kenyan authorities."
Kenya has struggled with debt that has reached precarious levels in recent years, and its withdrawal of proposed tax hikes earlier this year - following deadly protests - complicated its efforts to unlock a $600 million disbursement from the IMF.
One of the sources said the assessment, while not directly linked to the disbursement, would be a show of goodwill in the country's efforts to get its finances back on track.
Perceived government waste and corruption were a core driver of the June demonstrations.
Kenya's finance ministry did not immediately respond to requests for comment.
Reuters on Tuesday first reported that Western nations were pushing for the IMF assessment.
Latest Stories
-
The prodigal artiste: Why Ghanaian musicians need to lawyer up
11 seconds -
Our politics is corrupt; rule by the rich is not democracy
8 minutes -
Sesi Technologies launches AI-Powered soil testing services for smallholder farmers
19 minutes -
Ghana Chamber of Shipping calls for a 3-month grace period on cargo insurance directive
23 minutes -
NACOC to begin licensing for medicinal and industrial cannabis cultivation
38 minutes -
It’s easier to move from GH₵100k to GH₵1m than from zero to GH₵100k- Ecobank Development Corporation MD
42 minutes -
Between faith and rights: A nuanced strategic view on the debate over an Islamic widow’s political ambition
54 minutes -
At least Baba Jamal should have been fined – Vitus Azeem
1 hour -
Gender Minister visits the 31st December Women’s Day Care Centre and the Makola clinic
1 hour -
Ayawaso East NDC primary: Why feed people for votes? Are they your children? – Kofi Kapito
1 hour -
Ziavi Traditional area begins final funeral rites for Togbega Kwaku Ayim IV
1 hour -
Photos: Mahama swears in Presidential Advisory Group on Economy
1 hour -
Ghana intensifies boundary pillar construction with Côte d’Ivoire
1 hour -
NHIA settles December–January claims worth GH¢400m for service providers
1 hour -
Mahama warns economic advisers of ‘rough road ahead’ amid debt distress
1 hour
