IMF in February approved a Sh261 billion credit facility for Kenya under a three-year programme. IMF also wants the government to review its procurement process, with a view of eliminating loopholes that are exploited by corrupt individuals. The CS noted that the government has already started a process to automate the entire procurement process. “Last year, we began the process of automating public procurement through an end-to-end electronic procurement system,” said Yatani. The Parliamentary Budget Office noted that so far, Treasury has not been explicit in its plans to fulfil IMF’s conditions.

Source: Standard Digital June 14, 2021 21:00 UTC