In 1997, however, the economy entered a period of slowing or stagnant growth, due in part to adverse weather conditions and reduced economic activity before the general elections in December 1997. In July 1997, the Government of Kenya refused to meet earlier commitments to the IMF on governance reforms.[42] As a result, the IMF suspended lending for three years, and the World Bank also put a $90 million structural adjustment credit on hold.[43]