Economy is on right track, says President Uhuru Kenyatta

President Uhuru Kenyatta

President Uhuru Kenyatta has insisted that all is well in the country despite growing criticism over allegations of high-level corruption in his Government and poor handling of the economy.

Speaking at Ridgeways Catholic Church in Kiambu County Sunday, President Kenyatta accused his critics of unfairly targeting him and the Jubilee government.

"We are hearing a lot of noise against Jubilee government but the country is doing well, there is no problem. People are just making empty noises," he said during a fund-raiser for the church.

Referring to the Opposition, which has accused his administration of pursuing poor economic policies and perpetuating corruption, Uhuru said: "It seems some people have nothing else to do other than talking. Let them continue talking because they are free to do so but they will not stop us from our work."

The President said his government was keen in moving the country forward and forge unity and peace among Kenyans.

Uhuru is facing criticism over the current economic uncertainty facing the country, which has been characterised by a serious cash crunch, sliding value of the currency, high interest rates and skyrocketing public debt.

Borrowers are struggling with the burden of higher interest rates after commercial banks adjusted the rates. The Government is also under pressure to explain how it spent the Sh247.7 billion Eurobond money.

President Kenyatta's statement reflects a similar stance he took two weeks ago during his speech on Mashujaa where he insisted that the country is on the right direction despite the depreciating value of the shilling against the dollar.

Recently, Opposition leader Raila Odinga alleged that there was unprecedented looting of public funds under the Jubilee administration.

Raila has on many occasions accused the Government of not being honest over the state of the economy, which he claims is on a downturn because of over 'borrowing, spending and stealing'.

"Since Jubilee came to power, it has insisted that the economy is growing and Kenyans can sit back and relax. We in (the) Opposition have warned that we are on the road to nowhere," Raila said recently.

"Mr President, please get up and report on duty. Show Kenyans that you care. No wind will guide a sailor that has no destined port. Tell Kenyans where you are taking them, how you intend to get there and by when," he said at a past Press briefing.