Looming job cuts: How Kenya found itself back in the painful grip of IMF

IMF Chief of Mission to Kenya Ben Clements when they appeared before The National Assembly Budget and Appropriation Committee Chaired by Kimani Ichungwa at County hall, Nairobi on Thursday 22/02/18. [Boniface Okendo,Standard]

The International Monetary Fund (IMF) has had a reputation for killing a fly with a sledge hammer, taking advantage of fragile states in crisis to impose largely unpopular rules.

Its actions have direct impact on citizens’ pockets such as deregulation, austerity and job cuts, and exchange rate devaluations.