Ruto spoke to IMF chief after withdrawing Finance Bill

William Ruto

Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in the days after he withdrew $2.7 billion in proposed tax hikes in response to deadly protests, two diplomatic sources told Reuters.

Photo credit: File | Nation Media Group

What you need to know:

  • Two diplomatic sources, who sought anonymity, confirmed the phone conversation on a day the President chaired a crisis Cabinet where he instructed the National Treasury to reorganise the budget to accommodate the Sh300 billion budget gap.