Kenya’s Youth Are Rising Up Against U.S.-IMF Control and Aren’t Backing Down

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Published 2024-07-16
The Kenyan people successfully defeated a deeply unpopular finance bill that threatened to worsen Kenya’s already-dire poverty and inflation. After massive protests that turned violent, President William Ruto withdrew the bill that the U.S. and the International Monetary Fund (IMF) were imposing, which would have dealt the most intense austerity policies in Kenya’s history. To explain how the IMF traps countries like Kenya in cycles of debt and why these measures fail the Kenyan people, Dr. Chelwa joins the show. Dr. Chelwa is a Professor of Political Economy at the Africa Institute and Senior Fellow at Tricontinental: Institute for Social Research.

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All Comments (21)
  • "The president has dismissed his entire cabinet". Kenyans don't care, he needs to dismiss himself.
  • @Greg_Deep
    And this is why more countries are joining BRICS
  • @laurengin4581
    there's so much optimism in this anti IMF victory. The "end of history" repudiated. Keep fighting Kenyan youth, stay strong.
  • IMF don’t really care about any African country God bless the young people,this must wake up the corrupted leaders in Africa.keep up the good work young people
  • Ruto borrowed money from imf so Ruto must pay back not the Kenyans
  • @SA-km3oh
    Why there is no African Monetary Fund? Africa is so rich that it can afford many such funds!
  • The Kenyan ppl are right to protect their liberties. These agencies don’t treat people with dignity.
  • My critical thinking lecturer once told me that the rich will never think of making the poor rich .
  • @chrisg9125
    There was a bill to turn all freehold land to leasehold and tax all of it,the bill also stated that the state could compulsorily acquire your land without fair market compensation,this was a bill that was worse than the finance bill and was cancelled after the protests.The IMF is sick.
  • @Noname-hc5uw
    Julius Malema and others have been showing the way to liberation, if only the continent had the courage of the Kenyan kids and Burkina Faso!
  • @sprinkz6187
    I'M PROUD TO SAY THAT THE YOUNGER GENERATION IS A LOT SMARTER THAN THE OLDER GENERATION ... AND CANT BE BRAINWASHED AND FOOLED AS EASILY
  • It’s the same kind of prescription that the IMF has also dosed out to Nigeria, which has resulted in inflicting so much pain, hunger and poverty across the country. The youth are therefore taking a cue from what is happening in Kenya and preparing to stage similar protests in Nigeria. My confusion is why African leaders are not seeing the threat that is fast approaching their cozy and comfortable positions. A really clueless set of idiots.
  • @franklim9672
    IMF should ask USA to have financial discipline. 34 trillion USD in debts and no way of paying them.
  • @M-tu3kq
    We reject , Ruto must go because he is a western puppet
  • @Chucku153
    Fool me once, shame on you. Fool me twice, shame on me!!