Fuel subsidy audit report due this month in IMF deal

A fuel attendant fills up a vehicle at a petrol station on July 1, 2023.

Photo credit: File | Nation Media Group

The Auditor General’s Office is expected to publish a comprehensive audit on Kenya’s fuel subsidy status by the end of this month as part of a budgetary support deal the country has with the International Monetary Fund (IMF).

This is one of the IMF’s structural benchmarks, or reform measures used by the multilateral financier to assess the progress of the programme. The IMF gave Kenya a deadline of January 2025 to put this reform measure in place.

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Note: The results are not exact but very close to the actual.