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.

Kenya: Joint NGOs Press Release – However Punitive Your Bails Will be: Our Acts of Resistance will only Grow Stronger (09.04.2021)

Kenya: Kongamano La Mageuzi (KLM) – Police Repression as a Distraction from Kenya’s Most Pressing Issues (07.04.2021)

Opinion: Kenyatta cannot take a joke now? [He has become that pathetic now?]

Activist Mutemi Kiama at the Milimani Law Court, Nairobi on April 7, 2021. He was arrested over viral graphics he allegedly made warning the world against issuing loans to Kenya” (Nation Africa, 07.04.2021).

I didn’t think Kenyan President Uhuru Kenyatta would sink so low. His now arresting people for the same reasons like the other Presidents in the region have arrested people for mocking them. Museveni has arrested a comedy group for a joke. Nkurunziza arrested someone for painting on his picture. Magufuli arrested a comedian for making a face-off on social media. Now, Kenyatta is following their steps and copying them even.

Activist Kiama made a poster with Kenyatta on it. It got circulated on social media and apparently went viral. This was made as a part of the cancelling loans from the International Monetary Funds (IMF). As the Kenyan Government have already excessive and huge a debt burden, as is…

That is why activists are against taking up more loans … since next generation will have to repay these loans and fork up taxes to pay down on these. These odious loans will haunt the republic and the interests will be a burden on the general public. Because, the current administration is eating heavily and spending more funds than their revenue. This is why the shortcomings of the spending is fixed by loans to cover the deficits created by the same state.

Kenyatta and his allies is maybe favourable of this idea. Since they are eating and enjoyed years of misusing funds. They have paid ghosts and kick-backs to each other. That has been a good business and very profitable. So, when people are mocking that and questioning that. That is clearly an offence and not allowed to do.

Kiama have only done his duty as a citizen. Maybe you don’t like the manner of which he did it. Nevertheless, he used his voice and spread his opinion. The poster is funny and makes you smirk. You know the authorities and the state is lacking compassion and heart. When someone is arrested for making this. If someone gets arrested for this, what is the next criminal offence?

Is the President a Demigod who you cannot mock now? Is Kenyatta the sole proprietor of the state and no one should make jokes about him? Is it illegal to make satire and question his office? Is borrowing money from IMF a holy cow for the elite in the Republic?

This holy cow being the image and mocking the President. That is now a cyber crime and says more about how little the authorities values liberty or freedom of speech. If someone is arrested over as little as this. You know that anyone can become a criminal. Heck, everyone can become serial criminals. If they start to scan through WhatsApp, Twitter, Facebook or anywhere else.

There will be so many who has mocked, lazed jokes and even spread the memo of toying around with the President. That is just natural and a Head of State should have the character to brush it off. If he cannot manage this… how can he manage to rule a nation or even be mentally stable to discuss national importance. When he has to go after activists like this…

Kenyatta is really not that great when this happens to Kiama. However, some of us saw that coming when the likes of “Cyprian is Nyakundi” have gotten his phones, lap-tops and other equipments confiscated by the authorities before. Therefore, Kiama isn’t the only who ended up with this.

Kiama just made a poster and was participating in a social media campaign. That shouldn’t be a crime, but instead be a way to enlighten the public about the problems the loans are causing. This should worry the President and the state should explain why they need more loans to carry its weight. Instead of arresting people for wanting them to not take it.

President Kenyatta has used a bitch move now. It’s insincere and show his insecurity. Now the public cannot humiliate him or play around with him. If they do… they shouldn’t do it on Social Media. If they do.. it can easily become a cyber crime and show what sort of bitch the President is. Who cannot manage some fun criticism. That’s because his not yet told the world that his Clark Kent (Superman) and this is apparently his Kryptonite. Peace.

Kenya: Kongamano La Mageuzi (KLM) – Resisting Neo Colonialism and Imperialism through Odious Debts (05.04.2021)

Pharmaceutical Society of Kenya: Looming ARV Crisis is because of a Costly Diplomatic Standoff (02.04.2021)

Kenya: Building Bridges Initiative National Secretariat – Press Statement (30.03.2021)

Kenya: Sexual violence committed during 2017 elections must be accounted for in the run-up to 2022 elections (25.03.2021)

Kenya: Missing Voices – 157 Killed, 10 Disappeared by Police in 2020 (24.03.2021)

Kenya Medical Practitioners Pharmacists and Dentists’ Union – 11th KMPDU Brief on COVID-19 Pandemic (23.03.2021)