RAILA ODINGA Jnr pokes holes on UHURU‘s sh 3.1 trillion budget - ROTICH and THUGGE are quack economists and they are bleeding us dry

Friday June 14, 2019 - Former Prime Minister, Raila Odinga’s son, Raila Jnr, has said Kenya is not yet mature enough to sustain a Sh 3.1 budget read by Treasury Cabinet Secretary, Henry Rotich.

On Thursday afternoon, Rotich released the budget for the year 2019/2020 which is the biggest expenditure plan Kenya has had since independence. 

Sharing his thoughts on Thursday, Raila Odinga Jnr advised the Government to stay within the targets of the Kenya Revenue Authority (KRA).

Junior opined that the budget should lie between Sh1.9 and Sh2.2 trillion.

He noted that Kenya has a huge debt burden and the increased cost of living is a clear example that all is not well.

He also said that foreign debts are likely to throw the nation into an economic crisis unless something is done in time.

“Is it possible for GOK to budget within KRA targets that is between (1.9T -2.2T) instead of a 3T budget that ends up getting financed externally? I mean, cut on expenditure, reduce borrowings and mitigate our external debt?" Junior pondered.


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