Governance Politics

Uhuru Recalls Kibaki to Tame away Growing National Debt

The current president of Kenya has recalled the former president in an attempt to fight the growing national debt.

The announcement was made during the Public Debt Management Workshop that was held in the capital of Nairobi, where stakeholders were brainstorming on ways to reduce the overgrowing government debt. The former president who will be acting as the auxiliary president is expected to use the magic he used ten years ago of rowing the economy without borrowing. In the last one year, the government has borrowed more money than all the other previous three governments borrowed in 50 years.

The government is yet to pay for the venue where the meeting was held, as the money for the same had not been allocated in the current financial year’s budget.