IMF in town again: Kenya's dj vu dance with debt prescriptions begins

In what was a very American week for Kenya with UNGA@80, Haiti, Meg Whitman et al, we also got to quietly learn that the IMF is back in town (do they ever leave, they have an office here, right?).  Last Wednesday’s presser from Washington DC was short and sharp.  Basically, an IMF team will spend a fortnight in Nairobi – between September 25 and October 9 – “initiating” discussions with the Kenyan authorities (government) on a “possible” IMF-supported program. 

This is obviously serious business for us, but let’s begin with a lighter look at this communication. 

Unlock the Full Story — Join Thousands of Informed Kenyans Today

Unlock the Truth Now 》

Unlimited access to all premium content
Uninterrupted ad-free browsing experience
Mobile-optimized reading experience
Weekly Newsletters
MPesa, Airtel Money and Cards accepted

Login

Already a subscriber? Log in

`;
} else {
teaserEl.innerHTML = “”;
}

activeEl.innerHTML = “”;
paywallEl.style.display = “block”;

} else if (now >= saleStart && now <= saleEnd) {
paywallEl.style.display = “none”;

var diffToEnd = saleEnd – now;
var totalSeconds = Math.floor(diffToEnd / 1000);
var days = Math.floor(totalSeconds / (24 * 3600));
var hours = Math.floor((totalSeconds % (24 * 3600)) / 3600);
var minutes = Math.floor((totalSeconds % 3600) / 60);
var seconds = totalSeconds % 60;

activeEl.innerHTML = `

Offer ends in…

${days}Days
${String(hours).padStart(2,’0′)}Hours
${String(minutes).padStart(2,’0′)}Minutes
${String(seconds).padStart(2,’0′)}Seconds

Subscribe Now & Save

`;
} else {
teaserEl.innerHTML = “”;
activeEl.innerHTML = “”;
paywallEl.style.display = “block”;
}
}

function formatTime(ms) {
let totalSeconds = Math.floor(ms / 1000);
const days = Math.floor(totalSeconds / (3600 * 24));
totalSeconds %= 3600 * 24;
const hours = Math.floor(totalSeconds / 3600);
totalSeconds %= 3600;
const minutes = Math.floor(totalSeconds / 60);
const seconds = totalSeconds % 60;
return `${days}d ${hours}h ${minutes}m ${seconds}s`;
}

updateFlashSale();
setInterval(updateFlashSale, 1000);

Follow The Standard
channel
on WhatsApp

In what was a very American week for Kenya with UNGA@80, Haiti, Meg Whitman et al, we also got to quietly learn that the IMF is back in town (do they ever leave, they have an office here, right?).  Last Wednesday’s presser from Washington DC was short and sharp.  Basically, an IMF team will spend a fortnight in Nairobi – between September 25 and October 9 – “initiating” discussions with the Kenyan authorities (government) on a “possible” IMF-supported program. 

Follow The Standard
channel
on WhatsApp