JIMMY WANJIGI EXPLAINS ON KENYA'S DEBT
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Published 2024-07-04
All Comments (21)
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In Summary (rounded figures) When Moi handed over to Kibaki debt was Ksh 28 for every Ksh 100 earned. When Kibaki handed over to Uhuru debt was Ksh 18 for every Ksh 100 earned. When Uhuru handed over to Ruto debt was Ksh 70 for every Ksh 100 earned. As of today under Ruto, debt is Ksh 90 for Ksh 100 earned. Total expenses since July 2013 to June 2023 was around Ksh 13 Trillion Total revenue raised by KRA for same period is around 11 Trillion Borrowing should have been around Ksh 2 Trillion Actual borrowing was 11 Trillion 7 Trillion External Debt { Does not appear in budget) 5 Trillion Domestic Debt Uhuru biggest borrowing was Ksh 800 billion for any one given year. Ruto has borrowed Ksh 1.6 Trillion for the Financial year 2023/2024. Borrowing in Kenyan Constitution is only allowed for development projects , most borrowings now are for recurrent expenditure which is not allowed by law.
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Jimmy the best. 🎉🎉🎉 Please get that document that knocked you out of the race last time. You got my vote.
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Jimmy has always made very strong and valid arguments about our debt.I belive he would make a very great president, who would save this nation. Like show me projects in this country worthy 10.9T
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Jimmy must be protected at all cost.
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God bless Professor Jimmy Wanjigi. At seventy plus of age I would give up, fight is on. Before I go six feet under I put my shoulder to Gen Z fight to give us a footing to build New Kenya long overdue. Late Hon. Paul Ngei was my Uncle, now I taste free Kenya. Blessing and Love Gen Z no turning back.
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Jimmy wanjigi you have my vote 2027 have never voted bit i will to give you this chance...
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We need leaders like you to to normalize this country , bring back financial stability, create jobs and remove nepotism
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we should normalize talking more about the Debt we have ...
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Jimmy Wanjigi a smart and down to earth person. I would vote for him as President of Kenya
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Wanjigi, ive been following you from spice and you are doing an excellent job, it is true that this debt is totally unconstitutional
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Jimmy you have excellently explained this Congratulations!
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wanjigi 4 president..... u have my vote mheshhimiwa
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He's gonna follow his dad's footsteps please Kenyans you need this brain to sort this economy.
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What I love about this conversation, is how Jimmy breaks down the debt structure that Kenya faces. The middle-class have began this revolution and I really hope that it doesn't stop.
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He should definitely be in the next government's top seats. Now I have 3 people. Jimmy, Sifuna, and Omtata...then younger people
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This man is a think tank. Well educated, well mannered, well composed. I respect you Sir, you what you are talking about. This video should be in every tv stations in Kenya
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wanjigi should host an X space and let the Gen Z hear him and for sure we have a president in him
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This gentleman is sober. Shout him loud. Wish he becomes our president and addresses this debt monster.
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Jimmy Wanjigi will make the best president in this country, please give him a chance.
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Jimmy you should run for presidency we have seen your intellectual capability and you are a young version of kibaki