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HomeBusinessMP Kuria worried over Kenya's 'collapsing' economy: "90% of Cabinet focusing on...

MP Kuria worried over Kenya’s ‘collapsing’ economy: “90% of Cabinet focusing on 2022 elections. Sack them!”

Gatundu South MP Moses Kuria now wants President Uhuru Kenyatta to sack a section of members of the Cabinet, whom he accuses of concentrating much on politics, plunging the country into an economic crisis in the process.

MP Kuria claims that 90 percent of the current Cabinet Secretaries (CSs) are eying different elective seats in the coming 2022 General Election, and are neglecting their critical mandates.

MP Kuria: Sack Them All!

“90% of your cabinet starting with your CS for National Treasury are focusing on running for seats in 2022. Kindly dissolve your entire cabinet and replace them with a Rescue Team from the Private Sector to help you through the 7 month transition,” says MP Kuria.

In order for President Uhuru to salvage his legacy as his term comes to an end, MP Kuria says he should sack CSs who are currently involved in politics, and appoint a ‘Rescue Team’ that will salvage the economy, which according to him is collapsing.

“[Former President] Moi did it with the dream team when the economy was collapsing. You are at exactly the same spot as Moi was in 1999. Mr President, save Kenya and release your Ministers like Sicily, Balala, Chelugui etc to go look for seats. The likes of Jimnah Mbaru, Patrick Obath, Dr Julius Kipngetich, Dr James Mwangi and even Gina Din can be signed up on loan till the end of the season.”

Bloomberg Report Paints A Grim Picture

The lawmaker was making reference to a November Bloomberg report that asserted that Kenya’s debt costs will rise this fiscal year, while the shilling will sink to an all-time low against the dollar.

The report, titled ‘Kenya Debt Costs to Rise as Shilling Hits All-Time Low Against the Dollar’, predicted that Kenya’s debt service cost would surge by 22 percent this fiscal year.

It also said that National Treasury would spend a record KSh1.17 trillion in the year through June on loan repayments, equivalent to about two-thirds of Kenya’s revenue.

Image: Bloomberg’s report on Kenya’s ‘Fading Fortunes’. MP Kuria refers to this report, to paint a grim picture of Kenya’s economy.

The shilling plunged 7.4% in the year through December, a misfortune brought about by the uncertainty that came with the COVID-19 pandemic.

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