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
-
Fifa scraps controversial World Cup investment plan
4 hours -
WAFCON 2026: South Africa fight back to earn dramatic draw against Côte d’Ivoire
4 hours -
We should not over-commercialise football – Eric Alagidede
4 hours -
GFA should reject FIFA’s World Cup sale proposal – Eric Alagidede
4 hours -
Ghanaian woman jailed 5 years in US for $1.6million romance scam
4 hours -
Parliament passes Energy Sector Levies Amendment Bill to tighten fuel subsidy regime
5 hours -
Unique by Design project launched to promote disability inclusion in Ghana’s fashion industry
7 hours -
Joseph Paul Amoah finishes seventh in Commonwealth Games 200m final
7 hours -
Mahama urges Dagbon Regent to preserve peace and continue late Ya-Na’s development legacy
7 hours -
RANA asks Parliament to restrict MP Yakubu Mohammed child engagements until safeguarding training is completed
7 hours -
Rights group warns against exposing schoolgirl to fallout from MP’s comment
7 hours -
Family of Bukom crash victim visits Gender Minister ahead of funeral
7 hours -
An apology is not a safeguarding policy – RANA demands Parliament’s action over MP’s comment to schoolgirl
7 hours -
Prince Adu-Owusu: The August that changed everything
8 hours -
Ato Forson announces ‘New Economy’ policy for 2027 budget, promises shift to growth-focused spending
8 hours