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How IMF predicted public rage over Kenya tax hikes
A police officer reacts after using teargas to disperse protesters during a demonstration over police killings of people protesting against the finance bill 2024 in Nairobi, Kenya on June 27, 2024.
The International Monetary Fund (IMF) foresaw emergence of street protests resisting controversial tax proposals which it backed, with the demos ending with withdrawal of the Finance Bill 2024.
The IMF had asked the government to stand firm on new revenue-raising measures despite the protest as it assessed the risk as medium.
