IMF will not take Brookside Dairy as collateral for Kenya’s loan

 

A tweet linking to an article that claims Kenyans on social media want the International Monetary Fund to take Brookside Dairy as collateral for a loan that is about to be disbursed to Kenya is SATIRICAL.

PesaCheck has established that the article on the post was published on PostaMate—a satirical website—on April 5, 2021.

The website clearly describes itself as a satirical publication.

The alleged claim has not been reported by any local media, neither has it been published by IMF nor on the official State House Kenya Twitter and Facebook accounts or its website, as such a major announcement would.

The IMF has given the Kenyan government a loan to support the country's economic recovery. Under the terms of the loan agreement, the IMF will provide Sh255 billion in low-cost financing over the next three years to support the next phase of the government’s Covid-19 response.

PesaCheck has in the past debunked claims shared on social media that originated from the same satirical website.

PesaCheck has looked into the tweet with an article claiming Kenyans on social media have forced the IMF to take Brookside Dairy as collateral for the loan they are about to lend Kenya and finds it to be SATIRICAL.

This post is part of an ongoing series of PesaCheck fact-checks examining content marked as potential misinformation on Facebook and other social media platforms.   BY THE STAR