Raila and Uhuru: Former Prime Minister Raila Odinga has called on President Uhuru Kenyatta to go for more loans in order to fund the economy. Raila made the comments when he spoke in Mombasa on July 21.
He said that the government should put in more effort in vaccinating all Kenya, even if that means borrowing loans to fund the vaccination program.
“We should vaccinate a huge population and open the economy like in the UK. In Kenya, we have vaccinated nearly 1 million individuals only. No matter how expensive purchasing the drugs would cost, if we have to borrow, let us do so. Parliament should also raise the debt cap so that money can be given to the mama mboga and youth too,” he said.
This is a complete turn around from when Raila called on the government to go slow on loans. It also means that he might shall his party’s parliamentarians to support the National Treasury’s attempt to raise the debt ceiling to Sh. 9 trillion.
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Kenya is currently grappling with unmanageable debt and high taxes, the latest of which were signed into law by President Kenyatta on July 1. These include additional taxes on cooking gas, airtime, the internet, and loans. Previously, President Uhuru has stated that he has no intentions of lowering taxes. “I will not lower taxes. You will have to pay because there is no other way we can build facilities, roads, and schools. We must pay taxes,” Uhuru said.