@africanstream: Financial rights activist Alex Gladstein dissects the IMF’s African operations in this video. Drawing on the case of Zaire (now the Democratic Republic of Congo), he reveals a pattern of the IMF appointing its own officials to oversee African treasuries, fostering export-led economies, devaluing local currencies and striking deals with dictators. This is the same playbook allegedly at work in Kenya. Protesters accuse the government of destroying the country’s future by selling out to the IMF’s neocolonialist agenda. Kenya’s tech-savvy and well-educated Gen Z is leading the charge against financial imperialism - coming out en masse repeatedly to denounce proposed tax hikes that the IMF is urging President William Ruto to adopt. Their resistance to the so-called Finance Bill - basically, the country’s draft 2024 budget - has seen it already watered down in parliament. Now, the protests have evolved into a call for the US-leaning Ruto to drastically change direction and curb wasteful spending by the government. Regardless of political, social, and religious differences, Kenyan citizens have united in rejecting the treasury’s budget. They point the finger at the IMF for the significant tax hikes. The international lender has injected a substantial $3.5 billion in loans into the East African nation, but these funds come with strings attached. Some US Congress members were even in Kenya’s parliament, monitoring progress on the Finance Bill. Could the determined efforts of Kenya’s Gen Z mark the beginning of the end of their country’s economic exploitation? #Finance #Activist #IMF #DRC #Kenya #Protests #Destruction #GenZ #Economy #Exploitation #USA #EastAfrica #rejectfinancebill2024 #fyp
African Stream
Region: KE
Monday 24 June 2024 12:33:29 GMT
Music
Download
Comments
Oudia :
Mobutu was the William Ruto of Zaire.
2024-06-24 17:49:14
229
Кисмет :
this is what we're fighting to prevent in Kenya
2024-06-24 15:52:55
1136
lillith :
are we being recolonized?
2024-06-24 18:20:36
386
WhatsUp2023 :
Alex Gladstein? Hmmm 🤔 🧐
2024-06-24 22:19:21
3
one lege :
Reject finance bill
2024-06-24 15:38:17
234
Margieمارجي :
😳😳😳THIS WILL NOT HAPPEN TO KENYA!
2024-06-24 16:22:24
379
Kerubomn :
is this what is happening to Kenya?
2024-06-24 21:16:06
112
mrsaythat :
So slavery essentially
2024-06-24 12:49:28
18
kateebantu :
They never stopped colonizing. just changed strategies
2024-06-24 17:20:02
10
CurlyJane🍉 :
The US has done this all over the world including the Caribbean.
2024-06-24 17:48:40
24
waihigamutero :
THIS WILL NOT HAPPEN TO KENYA. RUTO MUST GO
2024-06-25 14:36:26
32
Houdini :
same script being trialed in Kenya
2024-06-24 22:14:44
13
Bogota :
the same Ruto is doing to Kenya 🇰🇪 now..
2024-06-25 23:02:45
0
Alex Makau :
Ruto what’s to do this to KENYA
2024-06-24 17:21:56
26
Chef FM :
reject the finance bill
2024-06-24 16:20:33
41
Runsec 100 :
that's what IMF wants in common wealth countries eh Kenya, Nigeria...wake up Africa...this a evil monsters
2024-06-24 13:15:47
24
Deejay Asha ◢ ◤ :
THIS ALREADY HAPPENED IN UGANDA WITH MUSEVENI
2024-07-03 13:36:00
0
nightlife :
he looks 25, when was this?
2024-06-24 16:13:58
6
pimpnamedbignyash :
that's what theyre doing in kenya
2024-06-24 17:23:58
29
sieraAries :
Ruto wants to destroy Kenya. Kenya sio yake....Kenya Belongs to almost 60million people. Naskia nimekasirika.Nkt.
2024-06-25 10:42:14
2
j.lovely.b :
This will not happen in Kenya as we watch
2024-06-24 20:36:57
32
Riyalbe :
CIA and its political web made Congo economic downturn real. HIV was modified in Congo and Ebola during those era.
2024-06-24 18:55:55
6
Dayo :
Kenya we'd rather die than get colonized again. I'm ready to die for my country, I'm ready to fight for our freedom. I have nothing to lose
2024-06-27 11:03:58
2
Badman. :
Any Kenyan here?
2024-06-24 17:28:15
122
YD :
These neocolonialists will never be forgiven by God.
2024-07-03 14:44:53
0
To see more videos from user @africanstream, please go to the Tikwm
homepage.