Connect with us

Hi, what are you looking for?

News

Kenyans Invade IMF’s Virtual Meeting, Ask MD To Stop Loaning Uhuru

Kenyans Confront IMF CEO

Kenyans online on Thursday, April 22 interrupted a virtual meeting held by International Monetary Fund (IMF) boss to air out their frustration on the bludgeoning Kenyan debt.

Managing Director Kristalina Georgieva, who also sums up as the firm’s Chairman of the Executive Board, had hosted Costa Rican diplomat Christiana Figueres for the meeting to discuss on climate change and the upcoming United Nations Climate Change Conference (COP26).

Kenyans. however, turned the comment section of the meeting into a platform to air their frustrations with IMF which is in discussion with President Uhuru for yet another loan.

READ ALSO: Ezekiel Mutua Pounces On Mt Kenya TV For Airing Porn To Kids

Through the hashtag Stop loaning Kenya, dozens begged Kristalina to stop loaning Kenya because the money is going into people’s pockets.

“Stop lending money to a corrupt Kenyan government. We are already neck-deep in debt and billions are lining the pockets of greedy politicians,” David Mutua pleaded.

“Are you sure the loans are used for the intended purposes? Service providers and contractors are never paid their dues on time,” Okulo Jogoo added.

The meeting only last 23 minutes with the MD avoiding being dragged into the loan issue, choosing only to speak about climate.

Kristalina, however, explained that the meeting wasn’t ended prematurely but was closed because they had exausted the talk.

The invasion also comes barely a week after over 400,000 Kenyans signed a petition online asking the IMF to stop loaning the country.

Kenya is set to borrow a new Ksh124 billion fourth Eurobond and Ksh82 billion World Bank loans to fund development projects and fight the Covid-19 pandemic. Kenya’s debt currently stands at Ksh6.69 billion and poised to rise to 9.37 trillion by mid-2023.

Kristalina Georgieva, the IMF Managing Director, on Thursday (yesterday) night hosted a Facebook Live broadcast. Kenyans…

Posted by Peter Oduor on Thursday, April 22, 2021

 

Click to Support KDRTV by Donating. Advertise with us.  Contact Us, press releases.

Make KDRTV your home for the latest Kenya News bookmark our site. Make sure you follow us on Facebook, Twitter, and YouTube to stay Updates with the latest International and local Kenya News.

Subscribe to watch latests videos
Click to comment

You May Also Like

News

(KDRTV) – Popular and controversial man of the cloth Pastor James Ng’ang’a of the Neno Evangelism Centre has a serious battle in his hands...

USA

Eric died in his house and spent a couple of days before he was discovered

News

A high-ranking government official in Tanzania has claimed that Dr. John Pombe Magufuli was killed by the Chinese in collaboration with the Western Countries

USA

Antony Mamboleo Nyakeyo will spend the rest of his life in Prison