STRICTLY BUSINESS: Why the IMF Doesn't Care If Kenya Is Corrupt | KWTW Investigates скачать в хорошем качестве

STRICTLY BUSINESS: Why the IMF Doesn't Care If Kenya Is Corrupt | KWTW Investigates

Why does a small Nairobi NGO lose funding over one missing 8,000 shilling receipt, while the Kenyan government receives billions in IMF loans despite 178 billion shillings in irregular expenditures? This week, we investigate the question nobody wants to answer: Why doesn't the IMF care if Kenya is corrupt? 🔍 WHAT WE COVER: The double standard: NGO accountability vs government borrowing What the IMF actually monitors (hint: not corruption) Kenya's position among the top 10 IMF debtors globally How austerity protects corruption instead of reducing it Why Kenyans pay twice: once when money is stolen, again when we repay the debt The mother in Kisumu who paid taxes for a locked hospital, then paid again to treat her son 📊 KEY RECEIPTS: Auditor-General Report 2022/2023: 178.4B in irregular expenditures 92 stalled road projects worth 54B shillings 23 county hospitals built but never equipped: 8.7B wasted EACC estimate: 1/3 of Kenya's budget lost to corruption Kenya's debt service (2024/2025): 1.5 TRILLION shillings Education + Health + Infrastructure combined: Less than debt service 🌍 GLOBAL CONTEXT: Kenya ranks #7 globally in IMF debt with $4.09 billion outstanding Pakistan: 23 IMF programs and counting Argentina: 9 programs since the 1950s Pattern: Too important to fail, not important enough to fix 💡 THE REVEAL: "For the IMF, it's strictly business. They're not a charity, they're not the UN. They care about one thing: Will Kenya pay them back?" - Economist Ken Gichinga The IMF doesn't monitor whether hospitals get built. It monitors whether Kenya can still tax its citizens enough to service debt. Corruption doesn't threaten the IMF's money. Only default does. 00:00 Introduction 05:00 Context & Background 10:00 The Core Issue 15:00 Financial Breakdown 20:00 Political Angle 25:00 Public Impact 30:00 Institutional Response 35:00 Deep Dive Analysis 40:00 Wider Economic Implications 45:00 Final Thoughts & Call to Action 📚 SOURCES: Office of the Auditor-General: 2022/2023 Annual Report IMF Kenya: Extended Fund Facility/Extended Credit Facility Program Documents (2021-present) Ethics and Anti-Corruption Commission (EACC) corruption estimates People's Audit / Okoa Uchumi Shadow Governance Diagnostic (2024) Kenya National Budget 2024/2025 IMF Credit Outstanding Data (2025/2026) ⚖️ THE BOTTOM LINE: Kenya isn't failing IMF tests. The IMF is passing its own. The IMF designed a system that protects lenders. It works—just not for Kenyans. And until we make that their problem, nothing will change. 🎙️ This is investigative commentary. This is receipts over vibes. This is The Kenyan Week That Was. --- 💬 DISCUSSION QUESTIONS: 1. Should the IMF have the same accountability standards for governments that donors have for NGOs? 2. Why does Pakistan need 23 IMF programs? At what point is it not "assistance"? 3. How do we make corruption threaten repayment? 📢 SHARE THIS if you've ever wondered why development loans never seem to develop anything. 👍 LIKE if you believe citizens deserve better than paying twice for corruption. 🔔 SUBSCRIBE for evidence-based analysis of East African politics and economics. RECEIPTS OVER VIBES , ALWAYS