Where Did the Money Go
Ksh. 7 Trillion later and countless promises, the Kenyan Treasury finds itself stuck with spiralling debt, depressed demand and resultant business downsizing and job losses. The president and Treasury boss have gone on a begging bowl diplomacy and the creditors have put stringent measures that will no doubt worsen the state of household economics. As John-Allan Namu, Economist David Ndii, IBP-Kenya’s Abraham Rugo and lawyer Kamotho Waiganjo explain, we just might be staring at unpopular choices made necessary by an incompetent regime.