Kenya’s Youth Are Rising Up Against U.S.-IMF Control and Aren’t Backing Down
July 16, 2024
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15:14Now PlayingKenya’s Youth Are Rising Up Against U.S.-IMF Control and Aren’t Backing Down
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as posted by the channelThe Kenyan people successfully defeated a deeply unpopular finance bill that threatened to worsen Kenya’s already-dire poverty and inflation. After massive protests that turned violent, President William Ruto withdrew the bill that the U.S. and the International Monetary Fund (IMF) were imposing, which would have dealt the most intense austerity policies in Kenya’s history. To explain how the IMF traps countries like Kenya in cycles of debt and why these measures fail the Kenyan people, Dr. Chelwa joins the show. Dr. Chelwa is a Professor of Political Economy at the Africa Institute and Senior Fellow at Tricontinental: Institute for Social Research.
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