IMF backs Central Bank on high interest rates regime

 The Bretton wood institutions have been in the country almost since independence and their influence on the local economy cannot be ignored. During last years Kshs. crisis the IMF landed in the country after a babyish cry from the then Kenya's Finance Minister Uhuru Kenyatta and they responded generously with a $25 Million Dollars to ease pressure on the suffocating shilling. The country is already deep in debt recently the same newspaper with the link below revealed that every child born in Kenya is slapped with Kshs. 33,000/- debt before its first breath. From the below link you will be able to detect the teacher- student relation between our government and the imperialist financial institutions. A kind of big brother withholding its an OK  sign to ever unsure subject. Enjoy the read and discern the foreign influence and control on our financial institutions and you will know that the citizens concerns are never the subject of any discussions in these quarters.
The Standard | Online Edition :: IMF backs Central Bank on high interest rates regime