The colonization of Kenya by the IMF
Hartford Web Publishing is not the author of the documents in
World History Archives and does not
presume to validate their accuracy or authenticity nor to
release their copyright.
- IMF under fire
- New Kenya Network, 9 March, 1995. The Network criticizes
the IMF for its subsidizing corrupt and dictatorial Moi
government. The IMF austerity measures have brought nothing
but misery and deprivation for the majority of the Kenyan
people. The only people who have benefited from
privatisation of parastatals are the same corrupt officials
and senior politicians who ran them into the ground in the
first place and those serving the interests of
transnationals.
- New Pressure Group Opposes IMF Plan To Resume
Aid
- By Judith Achieng', IPS, 6 January 2000. Kenyan opposition
groups' campaign against the resumption of aid by the
IMF. IMF team is expected in Kenya by Jan 24 to resume
negotiations which will lead to the eventual resumption of
aid suspended three years ago. The group does not believe
the government has met all the conditions set by the IMF to
warrant resumption of aid.
- Not a Good Time for Donors to Play
Go
- The Nation (Nairobi), Editorial, 14 January
2001. For the first time in a long time, the Government can
justifiably say its problems are not its fault. IMF will
visit tomorrow to find out how far the government has
implemented its conditions to qualify for the tranche of
loans expected in March. The IMF has a standard set of
prescriptions for countries such as ours: privatization,
economic liberalisation, cripple the public sector.
- Kenya Feared Not Eligible Yet for Debt
Relief
- Panafrican News Agency (Dakar), 27 March 2001. Kenya
unlikely to qualify for debt relief under the heavily
indebted poor countries (HIPC) initiative unless it yields
to IMF and World Bank demands. Experts believe that as long
as Kenya spends about 40 per cent of its resources in
servicing debt, it will be at the expense of health,
education, and poverty will continue to crush the bulk of
the citizenry.
- Welcome to Kenya, IMF's Little
Colony
- By Mutuma Mathiu, The Nation (Nairobi),
Editorial, 20 May 2001. We have surrendered our sovereignty
to a faceless cabal of foreign bureaucrats. For example,
draft graft laws were submitted for approval to the IMF
before the cabinet and Parliament had a chance to see
them. An uncritical and total dependence on the IMF for
money and ideas on how to run our country.