Activists accuse IMF of propping Kenya’s ‘borrowing and spending decisions used to sustain political patronage’
They urged the IMF and the World Bank to incorporate demands for better governance in Kenya, not just focus on economic targets, in their assistance programmes.
Back with begging bowl: Kenya will talk to IMF about new programme in Washington next week
Some financial analysts have said that Kenya needs a new loan deal from the Washington-based Fund to anchor its external debt repayments.
Kenya wants a funded IMF programme, central bank governor says
The consensus among financial analysts is that Kenya needs a new loan from the IMF to anchor external debt repayments.
Ratings agency Moody’s warns Kenya’s debt costs are sky-high as government leans of domestic money market
Kenya will hold another round of talks with IMF officials in September in a bid to clinch the programme, the central bank chief Kamau Thugge said last month.
Former president who ‘allowed the poorest of Zambians to get close to the corridors of power’ dies
Edgar Lungu suffered from a rare disorder that caused a narrowing of the food pipe, for which he had been treated in South Africa before. Shortly after he took office in 2015 he fell ill and underwent a procedure in South Africa, which the presidency said at the time was not available in Zambia.
