HomePoliticsWanjigi: Unapproved borrowing by the Jubilee government is the leading cause of...

Wanjigi: Unapproved borrowing by the Jubilee government is the leading cause of poverty in Kenya.

Jimi Wanjigi, a presidential candidate, has blamed the government for incurring debt, which he claims is the root cause of poverty in Kenya.

Wanjigi explained that he had examined the Jubilee Government regime’s debt books, which revealed debts that had not been approved by Parliament.

“According to our forensic investigation report, we have repaid 5.6 trillion shillings in debt over the last eight years.” All appropriations must be published one month after they are approved by the legislature. Borrowed funds have not been documented.”

He went on to say that Kenya had never experienced such high levels of poverty under the previous regimes of late President Daniel Arap Moi and late Mwai Kibaki.

“I didn’t understand why there was a poverty rate of 38% in 2014 with a debt of 2.3 trillion and now there is a poverty rate of 63% with a debt of 3.4 trillion,” Wanjigi said on Spice Fm on Monday.

“We have discovered that the most pressing issue in this country is debt, and we must address it,” he added.

Wanjigi stated that he was conducting the investigation on government time because he was a patriotic citizen, not because he was vying for the presidency.

“Even if I wasn’t running for President, I’d conduct the investigations.” It’s not personal; any rational Kenyan would do it. “I am a patriotic citizen who has chosen to do this.” He stated.

- Advertisement -spot_img
- Advertisement -spot_img
Stay Connected
[td_block_social_counter facebook="https://web.facebook.com/MutembeiTV/" manual_count_facebook="585000" manual_count_twitter="989" twitter="https://twitter.com/mutembeitv" manual_count_youtube="270000" style="style3 td-social-colored" f_counters_font_family="450" f_network_font_family="450" f_network_font_weight="700" f_btn_font_family="450" f_btn_font_weight="700" tdc_css="eyJhbGwiOnsibWFyZ2luLWJvdHRvbSI6IjMwIiwiZGlzcGxheSI6IiJ9fQ==" youtube="https://www.youtube.com/channel/UClRWSjtKICEuSDJAzGCEddw"]
Must Read
- Advertisement -spot_img
Related News


Please enter your comment!
Please enter your name here

What Around You? Share the News