Kenyans Seek End To IMF Loans

Kenyan President Uluru Kenyatta

Kenyans have began signing an online petition asking the International Monetary Fund (IMF) not to give the government any more loans, citing corruption.

Through the hashtag #StopLoaningKenya, Kenyans have circulated the online petition link while also giving more reasons why no more lending should occur.

The discussion started days after IMF approved a 257bn Kenyan shillings ($2.4bn;£1.7bn) loan for Kenya to aid in Covid-19 response.

Reports say Kenya’s public debt has grown by more than 1 trillion shillings in the last one year.

Kenyans online have quoted President Uhuru Kenyatta’s statement that the country loses two billion shillings daily to corruption as backdrop to the petition.



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