IMF needs to rethink its tough conditions after Gen Z protests

Protesters during the Anti-finance bill demonstrations along Kenyatta Avenue in Nairobi on June 25, 2024. 

Photo credit: Billy Ogada | Nation Media Group

Recent protests in Kenya led by Generation Z against an International Monetary Fund-backed Finance Bill, 2024 must prompt a significant reassessment of the conditionalities by the Bretton Woods institution.

Before the Kenyan protests, African Ministers of Finance, Planning and Economic Development had called for key reforms of the Bretton Woods institutions at the Annual Meetings of the World Bank Group and the International Monetary Fund in Marrakech, Morocco last year.

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