When the IMF comes to town: why they visit and what to watch out for

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva (left) shakes hands with President William Ruto during a past meeting.

Photo credit: PCS

In most rich countries, the news that a mission from the International Monetary Fund (IMF) is coming to visit is met with indifference. But, in most African countries, the news can cause great consternation.

Why the difference?

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