COTU Secretary General Francis Atwoli has on Thursday (8/3/18) weighed in on the current Kenya’s economic state.
According to Atwoli, President Uhuru Kenyatta and the Jubilee Administration ignored a warning in 2015 to avoid taking loans carelessly.
The firebrand COTU chief said President Uhuru’s action was being felt in the country as the economy is now crippling.
Atwoli faulted the Jubilee regime saying that the current financial crisis has been aggravated by unethical hiking of projects from millions to billions of shillings which is at the expense of the common man.
“The projects that had been initiated by former President Mwai Kibaki had budgets of millions, now they are being implemented at a cost of billions.
“The new report by the Auditor General has proved right that we are in a financial crisis. Indeed we proved right as announced by both the Auditor General and by the Treasury CS Henry Rotich,” Atwoli said while addressing a presser today.
He further noted that the President needs to start taking action on corrupt luminaries despite their status or position in Government.
“The President needs to be assertive and put his foot down to stamp out the misuse of public funds by the people he trusts,” he said.
National Treasury Cabinet Secretary Henry Rotich on Thursday dismissed reports claiming that the State is broke.
CS Rotich termed the reports as “fake news” and that governments do not go broke.
He added that the Sh200 billion Eurobond acquired recently will keep the country afloat.
“How can the CEO of a broke company keep giving money for projects?” he wondered.
Mathare MP Anthony Oluoch has threatened to rally Kenyans to boycott paying taxes following Government’s failure to account for billions of taxpayers’ money.
Addressing residents of Likoni constituency at the Likoni Primary School in Mombasa on Thursday, MP Oluoch said it is disheartening to see that the ruling regime cannot account for over Sh40 billion.
He issued the threat while accompanied by local MP Mishi Mboko.