The Stupidity Of The IMF (Kenya Version).
(A Short Piece)
by
Bankole Christopher Smart-cole (BSc)
Developed: 04 February 2015/ Researched Online: February 2015
© CC Publishers 2015
The IMF has given the
country of Kenya $700m as an insurance loan/ policy to protect against threats
to the country's economy. Threats by the way, which history has shown, will
only be conducted by the negligence of the Kenyan Government per se. Note: More than half of the Kenyan population already live
below the poverty line.
And if the Kenyan
government in the past (even though the country being classified as one of
Africa’s success stories), failed to observe the critical issues in the country
such as the absence of Nomocracy, the continuation of the spread of Indigence,
and the deterioration in all sectors of the Health Industry, then it's quite hard to see them in the future,
observing/ committing to the IMF’s Insurance loan rules which state that Kenya
should now manage their debt levels/ commit on infrastructure.
Yet, we see the
stupidity of the IMF once again at play here, as they still commit to a
deceiving government.
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