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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The International Monetary Fund (IMF) and World Bank insist on austerity.
Leaders, economists, intellectuals and the academia all echo the same rhetoric - that governments must cut expenditure and tighten their belts. Countries facing economic problems are supposed to take austerity measures before the Bretton Woods institution can lend them and save their currencies from collapse.
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