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ODM Rejects IMF, World Bank Role in Bipartisan Talks With Kenya Kwanza

ODM Rejects IMF, World Bank Role in Bipartisan Talks With Kenya Kwanza

The Orange Democratic Movement (ODM) has opposed the Kenya Kwanza team’s decision to include the World Bank and International Monetary Fund (IMF) as economic and cost-of-living experts in the negotiations.

In a statement released on Monday, the political party argued that the two organizations’ previous advice contributed to the nation’s difficulties.

“We express profound concern regarding the participation of institutions such as the World Bank and IMF for expert input,” read part of the statement.

The two institutions were scheduled to provide expert opinions on how to address the country’s elevated cost of living. 

ODM has emphasized that it will remain steadfast and reject any agreement that fails to address the cost of living.

Before agreeing on other agendas, the opposition wants to address the high cost of living during Tuesday’s scheduled discussions.

The party believes the success of the negotiations depends on addressing issues that influence Kenyans. 

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“It is with a sense of disquiet that we have noted recent attempts by the opposing side to downplay the critical importance of addressing the cost of living. We must emphasize that the high cost of living remains our top priority and is non-negotiable for us,” read the statement in parts.

In addition, ODM criticized the government for increasing the prices of essential goods such as petroleum, which has increased the burden on citizens.

Additionally, ODM criticized the imposition of additional tariffs.

Since August, a Kikuyu member of parliament, Kimani Ichung’wah, and the co-principal of Azimio, Kalonzo Musyoka, have been leading the negotiations.

At their most recent meeting, both parties agreed to establish the positions of Prime Cabinet Secretary and opposition leader.

The International Monetary Fund (IMF) offices in Washington, US.

ODM Rejects IMF, World Bank Role in Bipartisan Talks With Kenya Kwanza

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