In the headlines:

wrongturn

Elder Lister
kumbe the signs of wastage were there but we never noticed? uhuru borrowed 500b yet njeru who followed him 367b, sahi uhuru as president 5.2t and rising.

"To put this number in perspective, if this amount was to be used to build the standard gauge railway (SGR), the country would have put up 17 railways like the one between Nairobi and Mombasa.
If it was just to build super highways with the money, then it would put up 154 roads similar to the Thika Superhighway.
The Jubilee administration has been borrowing an average of Sh59 billion every month it has been in office.
This works to about Sh2 billion every 24 hours, pushing Kenya into a dangerous cycle of borrowing.
The debt trajectory compares badly with President Kibaki’s administration, which was borrowing about Sh14.5 billion every month or Sh480 million every day."

2b borrowed, 2b lost everyday
 
Last edited:
Top