IMF, World Bank to help Kenya get out of dirty cash grey list

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Cabinet Secretary, National Treasury & Economic Planning Njuguna Ndung'u. FILE PHOTO | DENNIS ONSONGO | NMG

The Bretton Woods institutions and Western allies have pledged to support Kenya in addressing deficiencies in dealing with money laundering and terrorism financing.

This is after Kenya was last week put on the 'grey list' by the Finance Action Task Force (FATF), the global anti-money laundering watchdog, for lacking safeguards against the flow of dirty cash.

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