Kenya’s Debt Crisis: What are our options?

The Okoa Uchumi campaign1 (OUC) is a civil society initiative of over 40 organizations formed with the primary objective of promoting political accountability in Kenya’s public finance management. The campaign is committed to the quest for deep, meaningful and lasting transformation of Kenya’s economic systems, towards a system that upholds the principles of inclusion, equity, accountability, and above all, respects and adheres to the constitution.

The impact of the IMF Fiscal Consolidation Programme in Kenya: An Economic and Human Rights analysis.

The Institute for Social Accountability (TISA), as part of and the Convenor of the Okoa
Uchumi Coalition, has closely been monitoring the escalating public debt crisis in
Kenya. Since 2019, Kenya has increasingly relied on the International Monetary Fund
(IMF) for loan redemption, with IMF loans growing from Ksh. 49.2 billion as of June
2019 to Ksh. 421.5 billion as of December 2023. This is a situation that demands
immediate attention and action.