Nominated Senator Tabitha Mutinda has been elected to the Board of Governance of the Parliamentary Network on the World Bank and the International Monetary Fund (IMF), representing the East African region. The announcement was made on Wednesday afternoon by Senate Speaker Amason Kingi, who congratulated the Senator on her appointment. …
Read More »IMF to Audit Kenya’s Governance System, Treasury CS Mbadi Confirms
National Treasury Cabinet Secretary John Mbadi has provided an update on the ongoing IMF Governance Diagnostics Program, which is set to conclude in October. Click here to join our WhatsApp Channel He expressed support for making the final report public, although the decision ultimately lies with the Cabinet. The program, …
Read More »IMF Apologizes to Kenya Over Protests
The IMF has apologized to Kenya for the impact of recent anti-government protests, which led to the withdrawal of the contentious Finance Bill 2024. During a press conference, IMF spokesperson Julie Kozack expressed deep sympathy for Kenyan youth who suffered losses or injuries during the protests. She also addressed criticisms …
Read More »‘AI Could Disrupt Nearly 40% of Global Jobs,’ Warns IMF
By: CNN The International Monetary Fund (IMF) has issued a warning that the surge of artificial intelligence (AI) could impact almost 40% of jobs worldwide, potentially exacerbating inequality. In a blog post on Sunday, IMF chief Kristalina Georgieva urged governments to establish social safety nets and implement retraining programs to …
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The Lower Eastern Times Opening The Third Eye