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Kenya: Kenya Eyes Economic Independence as Govt Advisor Recommends End to IMF Loans

Kenya: Kenya Eyes Economic Independence as Govt Advisor Recommends End to IMF Loans

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-11-07 04:05:59

The Chairman of President William Ruto’s Council of Economic Advisors, David Ndii, on Wednesday, announced that the government of Kenya could soon stop relying on the International Monetary Fund (IMF) for loans to aid in development projects reporting that the country’s economy is on the mend.

“We would like to get out of an IMF program. We’ve turned the corner, the global financial shocks are receding, and we are beginning to grapple with our fiscal shocks,” Ndii stated.

Ndii…

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