National Treasury Cabinet Secretary John Mbadi says the government has already raised over Sh60 billion from the fuel levy. [File, Standard]

The International Monetary Fund (IMF) has raised transparency concerns as Kenya advances plans to securitise part of its fuel levy — a Sh175 billion financing strategy drawing sharp criticism for potentially bypassing parliamentary oversight and constitutional safeguards.

The National Treasury says the securitisation move will fast-track road construction and clear pending bills by converting future fuel levy revenues into tradeable securities.

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The International Monetary Fund (IMF) has raised transparency concerns as Kenya advances plans to securitise part of its fuel levy — a Sh175 billion financing strategy drawing sharp criticism for potentially bypassing parliamentary oversight and constitutional safeguards.

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Published Date: 2025-07-29 00:00:00
Author:
By Brian Ngugi
Source: The Standard
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