Is the IMF Keeping Africa Poor? Kenya & Ethiopia’s Billion-Dollar Question

Is the IMF Keeping Africa Poor? Kenya & Ethiopia’s Billion-Dollar Question

#News Analytica Ethiopia
This week, the International Monetary Fund approved nearly a billion dollars in loans to Kenya and Ethiopia—606 million dollars for Kenya to address its escalating debt and boost revenues, and 340 million dollars for Ethiopia to support ongoing macroeconomic reforms.
The IMF views these loans as vital support for…

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