Economy –Cabinet Secretary for Roads and Transport Kipchumba Murkomen has broken his silence on the poor state of the economy.
Speaking in Uasin Gishu on Monday April 10 noon, the Roads CS told the audience that it was wrong for some sections to claim that the country was running broke.
Kipchumba, instead, clarified that the country has a lot of money but most of it is being channeled to service debts which were overbrorrowed.
He pointed out that the last regime of Uhuru Kenyatta plunged the country into an astronomical financial crisis and is taking the new government time to rectify this.
“Do not be misled. I have heard some people claim that there is no money in the country. That is not the case. What is happening is that any money being collected is being used to deal with debts.
“The last regime borrowed carelessly and it is very hard to account for some of these debts,” he claimed.
Mr. Murkomen’s statement seems to be contradicting deputy president Rigathi Gachagua’s unending attacks on Uhuru Kenyatta’s government.
Gachagua, since taking power, has always complained that the Uhuru Kenyatta’s regime borrowed and cleared the treasury dry before exiting power.
