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Protesters gathered along main roads across the country. Police fired tear gas to disperse them.
The government’s fiscal planning has entered a precarious holding pattern after talks between President Ruto and IMF Managing Director Kristalina Georgieva ended without a breakthrough.
Afreximbank has stepped in with emergency funding for Kenya and regional economies after delays in IMF and World Bank disbursements amid tightening conditions and external economic shocks.
The International Monetary Fund has stalled a new Kenya bailout, insisting the government first completes a long-delayed corruption audit amid rising fiscal pressure.
IMF is urging targeted cash transfers for vulnerable groups, a politically sensitive move for any government approaching an election.
The IMF warns that economic strain from the Middle East conflict could spark social unrest in vulnerable countries like Kenya, as rising fuel prices and inflation intensify public discontent.
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