Opinion: The IMF doesn’t understand the BBI

The proposed constitutional amendments are an outcome of the Building Bridges Initiative, a cross-party endeavor to promote unity through wide-ranging legislative and institutional reforms, including a more broad-based and inclusive executive structure, enhanced judicial accountability, and increased devolution to local governments” (IMF – ‘IMF Country Report No. 21/72’ P: 4, April 2021)

The International Monetary Fund (IMF) shows its ignorance and lack of understanding of what purpose and what means the Building Bridges Initiative (BBI) really has. That is evident when they are dropping a footnote like this in the middle of IMF Country Report on Kenya. Where they are planning to loan more money and start a modern twist of Structural Adjustment Program (SAP).

The IMF is clearly still believing in the SAP and its mechanisms. Since the proposed ideals of the strings with the IMF loans is seemingly so. That of privatization of State Owned Enterprises and other measures to cover the deficits. While the government still takes up more loans to cover that.

This with the huge debt burden and rising amounts of loan, which has been steadily issued during the reign of Kenyatta. The IMF isn’t worried that the state is paying huge percentages in interests of the old loans. This is deficit financing and the state is supposed to restructure itself. Meaning, in a state of poverty levels are high. The state is supposed to be able to retain new tax-bases and domestic revenue. When 7 out of 10 is living in poverty. That is really infuriating.

IMF clearly just wants to loan out funds and use that put strings on the nation taking it. They will control both the legislation, budget priorities and how the state operates. The IMF Country Reports states this. That’s why its weird that they are not more focused on the BBI. As that legislation would change the finances, state expenditure and giving more power to the Executive (Head of State).

The IMF should study the texts and the constitutional changes in the BBI. Because, if the Kenyan government changes accordingly to these stipulations. Than the President will have more power and he can do more with his office. The BBI is made for the elites and it seems like IMF is catering to that.

That is why its disappointing. If the IMF cares about legislation and laws. They should dig a bit deeper into the effects and what the BBI possibly affects the state. Not just a minor footnote. Though the IMF only cares about Economic and Financial Mechanisms. That is natural, as these folks is most likely Political Science Majors, but auditors and accountants. Since, they use most part on these implications, but not on caring on about the Constitutional Amendments in the BBI.

The IMF doesn’t even care enough about the growing debt burden by adding more debt to cover the deficit. While expecting the state do several of actions to not only scrap government services, restructure state owned enterprises and create new financial mechanisms. Therefore, the acts of the IMF is not without other “costs”.

We know the state and the government is known for corruption and kickbacks. The President and all of his elites have been eating without any issues during his reign. There been scandals upon scandals. There been one scandal leading to another. It is not like the Kenyan authorities doesn’t have a Judiciary, Police Force and other agencies to look into graft, grand corruption and other white-collar crime. If the state wanted to take it seriously. They could easily cease it and go after the heads who commits it. However, these activities are usually happening as political assassinations and not a criminal investigation. Therefore, the idea of IMF to make more laws will not stop. Then they are naive and foolish.

But then again, it is the same IMF who clearly haven’t dwelled into the BBI properly. If the IMF had looked into the BBI. They wouldn’t have made it into a footnote and made it so unimportant. When all political gambits before the 2022 elections have been invested into it.

That’s why the IMF clearly values their own additions and strings on a loan more than the already legislation, which is into the works. A legislation and constitutional reform, which will not be less costly, but add more additional expenditure on the state. Not only be a “favourable” spread of domestic with the counties of the Republic. That is such a distorted view of what the BBI represents and does.

The IMF, if anyone seriously work there and cares about political science. This is hack-work and hack-job. Where they have either eaten everything served and believed it. If not they have been tricked and not understood it. Lastly, they have understood it, but doesn’t care about the implications it does have. As long as they follow the reforms and adjustments they want to achieve with the granting of the new huge loan their way. Peace.

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Opinion: ‘Baba’ thinks speaking at gatherings is social distancing …

Raila Odinga speaking at Samburu in Kwale County on the 5th March 2021

You cannot tell how you contract this disease (Covid-19). I have been social distancing, wearing a mask and avoiding crowds” Raila Odinga (01.04.2021)

Raila Odinga coming with the April’s Fools Joke of the Day. No matter what you thinks of his politics or politicking. He is overboard on this one. It is with disbelief and total disregard of his actions, if he believes the words coming out of his mouth.

Just before he entered the Nairobi Hospital for treatment for COVID-19 on the 9th March to the 13th March. As he was out of the 14th March hospital. He had all through 2021 at rallies, church gatherings and other public ceremonies. It is not like his been home isolation, social distancing and washing his hands.

On the 9th January he was a burial in Mululu, Vihiga County. On the 10th January he visited development projects in Kisumu. On the 13th January he held a meeting with youths in Nairobi county. The same day he passed by and greeted the general public at Burma Market in Nairobi. The next day on the 14th January he participated in a meeting with Gikuyu Council of Elders in Ruaka, Kiambu County. On Sunday 17th January he was a Sunday Service at the St. Joachim and Anne Catholic Church, Kayole. And later on the same day he had a rally Embakasi East.

The next time on the 21st January he greeted the public of Westlands. Two days later on the 23rd January he participated on the commencement of the dredging of Kisumu Port. Later on the same day he was a guest at a burial in Nyatike. On the 26th January he was a speaker at the KUSO Meeting. The next day he held a meeting with musicians from Central Kenya. The same day he held a roadside rally at Roysambu. On the 28th he had a meeting with the clergy from 47 counties at the Ufungamano House, Nairobi County.

This is just what is easily accessible of public functions, rallies and public gatherings he participated in January alone. We know he continued with this practice all through February and March.

Just in the final days before his treatment at the hospital in March. He had a two day visit to Taita Taveta County. Where he met the MCA’s in on meeting. Where he held rallies as well. On the 4th March he was in Mombasa holding rallies and on the fifth in Samburu, Kwale County.

While on the 6th March he had a visit of a delegation from Narok in his Karen home in Nairobi. After that he went for treatment.

Somehow with the knowledge of his public dealings. We know perfectly well that this man hasn’t been isolated or been home bound. Odinga have greeted the public, held rallies, meetings and been social as can be. It’s not strange that he caught the virus, as active as he was. He was everywhere and been on stages at every occasion he could.

This lie is so easily to undress and he must take people for fools. If he believes these words himself. Odinga is then delusional and that’s just tragic. A man with such a public profile. Shouldn’t state this and think the naysayers won’t go after him.

Well, Mr. Odinga… you know better, but apparently you think the world doesn’t see your moves. When it clearly does. Peace.

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