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Home > Posts tagged "IMF"

Tag: IMF

Ruto urges global financial institutions to be fair

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by Nyanza Daily - March 18, 2023March 18, 2023

President Ruto with Keith E. Hansen, the World Bank Country Director for Kenya President William Ruto has said international financial institutions need to adjust to match the economic challenges that face countries in the Global South. He said the needs of the developing world have changed fundamentally since the World Bank and

Ruto asks Bretton Woods to align plans with Africa’s aspirations

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by Nyanza Daily - February 19, 2023February 19, 2023

President William Ruto has asked the World Bank and the International Monetary Fund to to review their plans to match the aspirations of Africa. Ruto said the Bretton Woods institutions have the power to transform the continent. and noted that this can be realised if these Institutions attain a significant measure

Kenyas borrows Kshs. 262 Billion from the IMF

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by Nyanza Daily - February 21, 2021February 21, 2021

Kenya will receive Kshs. 262 billion from the International Monetary fund to facilitate recovery from the Covid 19 pandemic in a move that is likely see a return of the stringent IMF conditions experienced by the country in the 1990s. IMF is set to dispense a 38-month staff level financing package

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