Sharp Daily
No Result
View All Result
Monday, September 15, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

ODM questions World Bank and IMF role in national dialogue

Brian Murimi by Brian Murimi
October 30, 2023
in News
Reading Time: 2 mins read

The Orange Democratic Movement (ODM), a key member of the Azimio la Umoja One Kenya coalition, has expressed its concern over the involvement of the World Bank and the International Monetary Fund (IMF) in the ongoing national dialogue facilitated by the National Dialogue Committee (NADCO).

In a statement issued on Monday, ODM reaffirmed its commitment to the NADCO talks, which aim to address five pivotal issues affecting the country, including the high cost of living, electoral justice, multiparty democracy, and the rights of political parties.

However, the party said it was “profoundly concerned” about the participation of the World Bank and IMF in tomorrow’s forum convened by NADCO to deliberate on the lowering of cost of living challenges faced by Kenyans.

“Their previous advice has contributed to the problems our nation faces today,” the statement read.

RELATEDPOSTS

World Bank: Kenya’s growth at risk from debt and poverty

May 26, 2025
International Monetary Fund

How Kenya’s move away from IMF Loans could reshape its economic future

May 26, 2025

ODM accused the current regime of implementing measures that worsen the cost of living, such as fuel price hikes and new taxes and levies, while the talks are ongoing.

“This is hardly indicative of good faith and a commitment to addressing the concerns of the people,” the statement said.

ODM urged its delegation in the AZIMIO coalition to stand firm and not accept any deal that does not satisfactorily address the critical problem of the cost of living.

“It is essential that NADCO operates under the understanding that nothing is agreed upon until everything is agreed upon. The success of these discussions must encompass the comprehensive and genuine interests of the people of Kenya,” the statement said.

ODM Secretary General Oduor Ong’wen, who signed the statement, said ODM remains resolute in its dedication to constructive dialogue and the pursuit of solutions that genuinely benefit the Kenyan people.

“We anticipate productive discussions ahead and trust that these negotiations will lead to positive change for the betterment of Kenya,” he said.

Previous Post

E-commerce platform Marketforce restructures amid funding challenges

Next Post

Hundreds of Cytonn investors rush to court to oppose real estate fund liquidation

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025

Kenya’s new banking policies: A turning point for the financial sector

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024