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The International Monetary Fund (IMF) has expressed concerns that the heightened political activities as the country prepares for a possible referendum and General Election might scuttle Kenya’s belt-tightening plans.
Flagging the buildup of political activities as one of the risks to the Sh262 billion programme that its Executive Board approved on Friday, the IMF emphasised that it is only by adhering to the agreed austerity path of increasing revenues and cutting non-essential spending that Kenya would be able to overcome the spending temptations that accompany the electioneering period.
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