Nigeria's champion women basketballers promised $100,000 each
IMF says assessing recent Kenya developments as part of program review
7:33 CAT | 12 Jul 2024
FILE - International Monetary Fund spokesperson Julie Kozack speaks to reporters at the IMF's headquarters, ahead of the joint IMF-World Bank annual meetings in Marrakech, Morocco taking place on October 9-15, in Washington, U.S. September 28, 2023. [File photo: Reuters/Andrea Shalal]
The International Monetary Fund said on Thursday it is assessing recent developments in Kenya and program reviews are an opportunity to adjust, following deadly protests that culminated in the government’s pulling of a bill that included $2.7 billion in tax increases.
“At every program review we do take the opportunity to assess developments and make adjustments considering the evolving circumstances, and that’s exactly what we’re doing in our active and constructive discussion with the Kenyan authorities,” fund spokesperson Julie Kozack said in a scheduled press briefing.
Reuters reported last week that Kenyan President William Ruto spoke by phone with IMF chief Kristalina Georgieva in the days after he withdrew the proposed bill.
Source: Reuters
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.