Kenya's business
community is mourning the death of respected
economist Kariithi Murimi who died last
evening at his home in Nairobi's Wood Avenue
estate.
Murimi described himself on as CEO and Team
Leader of JMG Strategy Innovations Ltd as
well as a constitution and Governance expert
in Strategic Risk solution.
He studied an MBA General Management at
University of the Free State, was widowed and
is from Kianjiru, in Central Kenya.
The cause of his death is still unknown as
family and relatives still come to terms with
his demise.
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Murimi, who was one of the best brains in the
country on matters economics, shaped debate
in the country on the economic scene and was
a regular commentator on topical economic
issues on different media outlets.
He spoke to this writer on many issues from
debt, governance, taxation to different
government policies and how they affected
the economy.
He was a major critic of the policies pushed
by the international donor community and
financing entities.
He was for example uncomfortable with over-
reliance of the government on foreign aid as
well as implementing policies pushed by the
International Monetary Fund (IMF) without
interrogating their intentions.
For example, he had warned that there was a
salient risk in having people from just one
background being in charge of all sectors of
the economy.
This he said in response to a move by
government to hire either intentionally or
otherwise people who had a stint at the IMF.
"The IMF always has a straight jacket
approach to things. If wage cuts work
anywhere then it wants to implement that
everywhere," Murimi, said in an earlier
interview.
Mr Murimi said there is a likelihood that since
most of those advising the president in
financial issues have been at the IMF, it also
follows that they are likely to give the same
advice be it on who to appoint or how to deal
with an economic crisis.
The Jubilee administration appears to place a
high premium on any candidate that has had a
stint at the IMF.
Treasury Secretary Henry Rotich, his deputy,
Kamau Thugge, chief of staff Joseph Kinyua,
and Treasury's director of economic affairs
Geoffrey Mwau have all had a stint at either
the World Bank and the IMF or both.
Tuesday, 14 June 2016
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