Kenyans petition IMF to stop giving country loans


Kenyans have begun signing an online petition asking IMF not to give the government any more loans citing corruption. Through the hashtag #StopLoaningKenya, Kenyans have circulated the online petition link while also giving more reasons why no more lending should occur.

The discussion started days after IMF approved a $2.4bn loan for Kenya to aid in the Covid-19 response. Kenya’s public debt has grown by more than one trillion shillings in the last year.

Kenyans online have quoted President Uhuru Kenyatta’s statement that the country loses two billion shillings daily to corruption.

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