Nipate
Forum => Kenya Discussion => Topic started by: Nowayhaha on February 17, 2021, 05:22:12 PM
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https://www.centralbank.go.ke/public-debt/
By the Time Kibaki was leaving In Apr 2013 Kenyas Debt was 1,882,405.95 Kshs Million (1,065,609.39 Domestic & 816,796.56 External )
Under Jubilees I Regime by Aug 2017 elections the Debt Increased to 4,429,326.92 Kshs Million (2,123,788.59 Domestic & 2,305,538.33 )
Under Handshake Jubilee Regime which is still ruling the debt by November 2020 The debt has Increased to 7,254,462.03 Kshs Million (3,482,653.56 Domestic & 3,771,808.47 )
Now simple mathematics says
Uhuru+ Ruto borrowed Kshs Million 2,546,920.97
Uhuru + Raila borrowed Kshs Million 2,825,135.11 (And still continue borrowing)
Now the most important thing is what did they do with the monies
Jubilees I
-->Sh327 Billion Standard Gauge Railway (SGR) project
-->construction of more than 7,000 kilometers of road
--> Expansion of electricity connection in Rural areas access to electricity rose from 29% in 2013 to 40% in 2017.
--> improved global standing in the world thus attracting investors
--> Free Maternity
--> One Stop Shop Huduma Centres
--> GDP growth avearaged 5.5 %
Now When we go to Jubilee II
--> Handshake
--> BBI Taskforce
--> BBI facilitation
--> BBI Referendum
--> Kenyas Economy shrunk by 1.1%
Conclusion Kenya was doing well with Uhuru and Ruto together and Raila in opposition Handshake indeed was a disaster and it taking us to the edge of the abyss
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Exactly
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https://www.the-star.co.ke/news/2021-02-20-parliamentary-caucus-seeks-reforms-in-budgeting-process-to-clip-runaway-debt/
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And Uhuru and Raila plan to whip Mps to increase the borrowing ceiling above 9 Trillion.
Exactly
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Keep on running away from reality. Jubilee's failures in the past 8 years are all Uhuru's and Ruto's failures.
Give me just one member of the cabinet or PS at the moment, who is serving at Raila's pleasure.