State job cuts loom in Treasury deal with IMF for more cash

international monetary fund imf


The Standard | by Dominic Omondi


The government is planning to merge or dissolve hundreds of State corporations, a move that would see thousands of civil servants lose their jobs.

The latest restructuring, which is expected to start after Christmas, is one of the key conditions of the deal that Kenya has struck with the International Monetary Fund (IMF) for release of crucial funding for budgetary support.

The deal between Kenya and the IMF brings echoes of the 1990s-style structural adjustment programmes (SAPs) that saw civil servants sent home as…

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