The International Monetary Fund (IMF) has expressed profound concern over the recent tragic events in Kenya, where nationwide protests against the Finance Bill 2024 have resulted in fatalities and numerous injuries.
In a statement released on June 26, the IMF conveyed its condolences and solidarity with those affected by the turmoil in the country.
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“We are deeply concerned about the tragic events in Kenya in recent days and saddened by the loss of lives and the many injuries. Our thoughts are with all the people affected by the unrest,” the IMF declared.
The protests erupted following widespread dissatisfaction with the Finance Bill 2024, triggering clashes between demonstrators and security forces.
The IMF reiterated its commitment to closely monitoring the situation and supporting Kenya through its economic challenges.
“The IMF is closely monitoring the situation in Kenya. Our primary objective in supporting Kenya is to assist in overcoming the economic difficulties it faces and enhancing the economic prospects and well-being of its people,” the statement continued.
This statement coincides with President William Ruto’s decision to withhold his approval of the Finance Bill 2024, responding to public outcry and nationwide protests.
President Ruto’s administration faces significant pressure to address the economic concerns raised by the populace, amidst criticisms of the Finance Bill’s potential exacerbation of Kenya’s economic challenges.
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The IMF reaffirmed its dedication to collaborating with the Kenyan government to foster sustainable and inclusive economic growth.
“We remain committed to working together with Kenya to navigate towards resilient, sustainable, and inclusive economic growth,” the IMF affirmed.
The unrest has garnered international attention, with United Nations Secretary-General António Guterres calling for dialogue and urging restraint from authorities.
“I am deeply saddened by reports of deaths and injuries, including those of journalists and medical personnel, in connection with protests and demonstrations in Kenya. I urge the Kenyan authorities to exercise restraint and ensure that all protests take place peacefully,” Guterres stated.
President William Ruto has returned the contentious Finance Bill 2024 to Parliament after declining to sign it, amid ongoing public discontent and unrest.