IMF loan rekindles costly battle with Bretton Woods institutions

Following the 1992 General Election, the World Bank and the International Monetary Fund (IMF) turned up pressure on the Kenyan government to introduce structural economic reforms.

This was the post-Cold War era and after the break-up of the Soviet Union, the West stepped up its foreign policy and influence in a bid to maintain strong ally-ship that had saved the world in the Second World War.