Senator Samson Cherargei has sais that the handshake budget was a deficit which needed heaving borrowing both locally and internationally to finance it. He said the handshake goverment had the worst kind of borrowing ever experienced in the country since independence. "Uhuru/Handshake Budget was a DEFICIT needs heavy borrowing to finance it," he said.He however, added that the IMF money will be used to spur economic recovery in the country and stabalizing the economy from that Uhuru tatterred. He added that the money will also be used to being development after Uhuru used alot to campaign for Azimio-OKA presidential candidate.
"IMF loan will be used to spur economic recovery/stabilisation left in tatters by Uhuru/Handshake govt which also funded Azimio-OKA presidential campaigns 2022. H.E Ruto will revolutionise economy," the vocal majority leader in the Senate said after IMF approved Sh55.1b loan for Kenya, bringing total disbursement from the lender to sh297.6b
Content created and supplied by: Ksnews (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More