The International Monetary Fund says Kenya is among countries that exhibit large increases in wage bill spending in the run-up to elections.
The International Monetary Fund has said it will hold discussions with Kenya during a quarterly review in April, about the country’s eligibility to take up a $1.5 billion contingency loan to address external shocks.
Kenya made a commitment to the Fund when negotiating the credit that it would control the fiscal deficit during the run up to the August 8 election.
