×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Car grant for MCAs not a priority today

Kenya is undergoing unprecedented economic strain. This is as a result of an economic recession exacerbated by the Covid-19 pandemic; an external debt burden that takes up a huge chunk of our revenue; huge recurrent expenditure and runaway corruption that takes up a third of our revenue according to the office of the Auditor-General.

In February 2018, the International Monetary Fund (IMF) advised Kenya to formulate clear policies to address the “debt vulnerability”, which could rise further if we continue our borrowing trends.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in