Kenyans are furious with the IMF over billions more in loans ...Middle East

Economy by : (Quartz) -
Kenyans are petitioning the International Monetary Fund to cancel its approval of a $2.34 billion loan for Kenya, citing mismanagement of funds by the government and the country’s increasing debt load.Early this month, the IMF approved a three-year financing package to support Kenya’s Covid-19 response and its plan to reduce debt vulnerabilities. But in the latest round of online activism in the country, Kenyans are protesting this move. Using the hashtags #StopLoaningKenya and #StopGivingKenyaLoans, they’re asking the financial institution to cancel the financing arrangement, highlighting citizens’ growing frustration with debt burden and corruption in the East African country.Over the year

Read More Details
Finally We wish PressBee provided you with enough information of ( Kenyans are furious with the IMF over billions more in loans )

Also on site :

Most Viewed Economy
جديد الاخبار