Opposition leader Raila Odinga yesterday
made five demands to President Uhuru
Kenyatta following the recent disclosure of
his administration’s borrowing spree.
The demand came on the back of revelations that the Jubilee government had borrowed over Sh226 billion between January and July this year to finance massive infrastructure projects.
However, the sustainability of the public debt, which has hit Sh3.2 trillion, split Jubilee and CORD leaders. Ruling coalition MPs said the borrowing was justified to spur growth.Uproar and consternation greeted revelations the government borrowed more than Sh226 billion between January and July this year, adding to the country’s spiralling debt burden that is now more than Sh3.2 trillion.