Published on: July 21, 2024 03:25 (EAT)
A section of Kenyans gathered outside the International
Monetary Fund (IMF) headquarters in Washington, D.C. to decry what they said
was gross economic interference occasioned by the IMF-induced austerity
measures in Kenya.
Chanting anti-government protests on
Saturday, the protestors drawn from Washington, Maryland and Virginia accused
the IMF of turning a blind eye to the ripple effect of the loans, which they
said have led to loss of life.
They displayed the names of those who died
in the protests due to the alleged excessive use of force by the police,
demanding that the IMF take full responsibility for the deaths and injuries by
compensating the affected families.
The IMF on July 12 apologised to Kenyans adversely
affected by the anti-government protests that saw the government drop the
contentious Finance Bill 2024.
In a press briefing, IMF spokesperson Julie
Kozack expressed “deepest sympathy” to the youth who either lost
their loved ones or incurred injuries during the protests.
She also defended the IMF’s position after
facing backlash from Kenyans who accused the Fund of imposing tough conditions
for Kenya to acquire funding.
Kozack said the IMF aims to help Kenya
build sustainable growth, generate jobs for the young population and promote
programs to assist the less fortunate.
Kenya has currently received Ksh.503
billion from the Fund to help it address economic issues.
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