Debt and Mismanagement Pushing Kenya to Fiscal Cliff, Warns Kigame

In a recent interview, Kigame revealed that a staggering 70% of government revenue is now consumed by debt repayment, crippling the budget for essential public services.

Presidential aspirant Reuben Kigame has issued a stark warning that Kenya is facing a severe fiscal crisis, fueled by unsustainable public debt and the systematic misallocation of funds.

In a recent interview, Kigame revealed that a staggering 70% of government revenue is now consumed by debt repayment, crippling the budget for essential public services.

He criticized the government’s borrowing pattern, pointing to a cycle of funding projects that are often abandoned or never started. Kigame condemned this practice as “bandit allocation,” where funds are disbursed without clear objectives or rigorous oversight, demanding a full review of the nation’s debt management strategy.

By James Kisoo