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Cotu pushes for end to ‘tough’ IMF-backed economic reforms
Central Organization of Trade Unions (COTU) Secretary General Francis Atwoli addressing journalists on the findings of the COTU economic report on January 24, 2024, at the union's headquarter in Nairobi. PHOTO | LUCY WANJIRU | NMG
The Central Organisation of Trade Unions (Cotu) has raised concerns over the government’s dalliance with the International Monetary Fund (IMF), blaming the multilateral lender for the fall of the Kenya shilling.
Cotu blamed the IMF for introducing tough conditions for funding Kenya, which it says have not only raised the cost of living but also contributed to the depreciation of the shilling.
