The International Monetary Fund (IMF) has expressed deep concern over the recent turmoil in Kenya, where protests have led to tragic loss of life and numerous injuries.
The statement, issued by Julie Kozack, the IMF's Director of Communications, addresses the ongoing situation and reiterates the Fund's commitment to aiding Kenya in navigating its economic challenges.
The protests, which erupted across various parts of the country, were sparked by widespread dissatisfaction with economic conditions, government policies, and allegations of corruption.
The unrest has been particularly intense in Nairobi, Kisumu, and Mombasa, where clashes between protesters and security forces have resulted in several deaths and hundreds of injuries.
In her statement, Kozack said, "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 turmoil in the country."
The IMF has been closely monitoring the developments in Kenya, recognising the severe economic and social impact of the unrest.
Ms Kozack emphasised the organisation's dedication to supporting Kenya during this turbulent period.
"Our main goal in supporting Kenya is to help it overcome the difficult economic challenges it faces and improve its economic prospects and the well-being of its people," she stated.
The protests highlight the underlying economic issues that have been exacerbated by the global economic slowdown, rising inflation, and increasing debt levels.
Many Kenyans have taken to the streets to voice their frustrations over the high cost of living, unemployment, and perceived government inaction.
In response to the crisis, the IMF has reiterated its commitment to working collaboratively with Kenya to foster sustainable and inclusive economic growth.
Ms Kozack concluded her statement with a call for solidarity and cooperation, saying, "We are committed to working together with Kenya to chart a course towards robust, sustainable, and inclusive growth."
As Kenya navigates this challenging period, the international community remains watchful and hopeful that the country will find a path to stability and prosperity.
The IMF's support and ongoing dialogue with Kenyan authorities will be crucial in addressing both the immediate impacts of the unrest and the long-term economic goals of the nation.
Latest Stories
-
We may all resort to vote buying if electorates prioritise such over development – Asiedu Nketiah
8 mins -
NDF engages mineral extraction communities in advocacy and litigation resolution
12 mins -
Adabraka in community A/R unites to combat electoral violence
20 mins -
Forestry Commission cracks down on endangered bush meat trade
21 mins -
Global GDP could plunge by 24% by 2,100 without urgent climate action
21 mins -
High Court dismisses lecturer’s bid to block Deputy IGP’s appointment
30 mins -
MTN records 35.5% growth in profit to GH¢3.76bn in quarter 3, 2024
53 mins -
Deloitte to hold training on navigating customs and excise duty Obligations
56 mins -
Akufo-Addo, Bawumia should have prioritised National Peace Campaign launch – Mahama
56 mins -
AGI works to clamp down on substandard foreign mattresses penetrating Ghanaian markets
57 mins -
Immigration Service intercepts 54 gallons of fuel
1 hour -
Ace Medical Insurance makes its mark at Ghana Club 100 Awards
1 hour -
Dafeamekpor takes Speaker to High Court to affirm vacant seats ruling
1 hour -
Government is not funding GMX music streaming platform – Director of Marketing
1 hour -
Energy sector not advancing enough – ACEP
1 hour