Kenya’s Youth Are Rising Up Against U.S.-IMF Control and Aren’t Backing Down
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The 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.
@gchelwa w/ @tricon discuss how Kenyans are rising up against the IMF stranglehold on the country that has trapped them in a perpetual cycle of debt
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