IMF in Kenya

Question 1

How long has the IMF been loaning to Kenya

Answer 1

Since the 1970s

Question 2

How much does Kenya currently owe to the IMF?

Answer 2

$3.5 Billion

Question 3

How much did the IMF loan to Kenya in January of 2024?

Answer 3

$941 million

Question 4

By what percentage did sugar prices rise in Kenya in 2023

Answer 4

32%

Question 5

By what percentage did vegetable prices such as carrots and onions rise by in Kenya 2023

Answer 5

Many by 50%

Question 6

How much has Maize prices increased in 2023?

Answer 6

Doubled/ 100%

Question 7

How much did VAT on fuel in Kenya rise by in 2023

Answer 7

8% up to 16%

Question 8

Why is Kenya raising taxes and cutting subsidies?

Answer 8

On IMF instructions of deploying austerity so Kenya can re service debts

Question 9

What are the IMF currently recommending Kenya do?

Answer 9

cut subsidies to 0

Question 10

What did Kenya spend more of its government budget than all spending factors combined in 2023?

Answer 10

Re-servicing loans

Question 11

What % of Kenyans are in severe financial destress or are failing to make ends meet?

Answer 11

73% in 2023