Rude Awakening As New Details Reveals That The Jubilee Government Borrowed 3.37B Daily in 2020 Alone
By lemmymbelle | self meida writer
Published 23 days ago - 0 views
Kenyans have continued to express their frustrations and dissatisfaction at the rate at which the government has been borrowing from foreign governments.
Many have been disappointed with how the government has been run especially in the second term of the Jubilee government. The constant pull and push between the President and his Deputy. According to a new report by the controller of the budget, the government borrowed 1.23Trillion between 20, December 2019 and 20, December 2020.
This is equivalent to 3.37B Daily for the entire year. Most of the cash has been used in the government's project. The Covid-19Pandemic has no doubt taken a fortune from the country's budget.
The latest report will no doubt anger many Kenyans who have been complaining about the government's borrowing spree.
Meanwhile, Do you think it's a good thing that the country borrowed that amount of money? Share with us your thoughts on the matter kindly.
Content created and supplied by: lemmymbelle (via Opera News )
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