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Many State-owned enterprises (SOEs) that have relied on government support will have to start pulling their own weight in the Kenya Kwanza administration.
In its plan for the economy, the coalition expressly notes that some of the government-run companies that have perennially sought State support out of sticky financial situations will no longer be bailed out.
These include entities that are classified as strategic assets. By coincidence or design, this tallies with the recent push by the International Monetary Fund (IMF), which wants the government to cease throwing lifelines to SOEs.
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