Molo Member of Parliament Kimani Kuria has expressed worries about Kenya's financial management, particularly over Uhuru Kenyatta's administration's use of borrowed cash. Kuria, who is now a well-known member of the present administration, contends that many of the loans obtained during the previous government were not used for vital initiatives or necessities.
Kuria claimed, "A lot of the money borrowed under the Uhuru regime did not prioritize relevant projects," citing a pattern of inequity that he feels jeopardized Kenya's development objectives.
His remarks underscore a broader effort by the current administration to reform fiscal policy and ensure that borrowed funds are allocated to projects that provide clear and tangible benefits to the nation.
In response, the administration is advocating for a more structured approach to loan management. Under this new strategy, every loan must be tied to specific, well-defined projects to enhance efficiency and accountability.
Kuria's stance reflects a commitment to correcting past financial missteps and steering Kenya's economy toward a more strategic and transparent future.
This policy shift is seen as a vital move towards sustainable development, as the administration strives to rebuild trust and improve outcomes.
