Author: Danny Bradlow Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria First Published,July,2,2024 The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy. To be sure, the IMF is not the only cause of Kenya’s problems with raising the funds to meet its substantial debt obligations and deal with its budget deficit. Other causes…
The IMF is failing countries like Kenya: why, and what can be done about it
