IMF now seeks transparency on Kenya's 'regressive' fuel subsidy

The government in February signalled a U-turn on ending the fuel subsidies. [Caleb Kingwara, Standard]

The International Monetary Fund (IMF) has called for greater transparency on the use of fuel subsidies by the government.

This came as the IMF warned that the subsidies remain a drain on the cash-strapped Exchequer and should be scrapped.