Bitter IMF austerity pill return overshadows budget unveiling

CBK Governor Dr. Kamau Thugge before the National Assembly's Committee on Finance and National Planning in regards to the implementation of Central Bank Rate (CBR) at Bunge Towers, Parliament, Nairobi. March 25th,2025 [Elvis Ogina, Standard]

Kenyans are bracing for tougher economic times as the International Monetary Fund (IMF) prepares to prescribe another dose of its austerity “bitter pill” measures that previously ignited deadly youth-led protests. 

The new demands are expected to include deep cuts to public spending and potentially impact public jobs, exacerbating a raging unemployment crisis.