John-Allan Namu and David Ndii on the Economy and Debt
< 1 min read. In President Uhuru Kenyatta’s first term in office, his government pursued several multi-billion shilling infrastructure projects, something that is continuing in his second and final term. In the process, the country has racked up a lot of foreign debt since most, if not all, of these projects are funded through loans and concessions from foreign banks and governments. How viable are such projects? What’s their contribution to the economic health of the country? Most importantly, are they important and what’s the political connection?