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Retracing Kenya’s love-hate relationship with global lenders

By Wainaina Wambu | 5yrs ago

International Monetary Fund (IMF) headquarters in Washington, DC. [AFP]

“Will Kenya be Africa’s next disaster?” asked The Economist in 1997 when the International Monetary Fund (IMF) cut aid to Kenya for the third time.

Since the 1980s, Kenya’s dalliance with the Washington-based institution has been both passionate and devastatingly sour.

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IMF Loans Global Lenders International Monetary Fund

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