Azimio la Umoja coalition has released its report on kenya kwanza's first year in office, saying that the regime has not fulfilled its promises to kenyans.
In their report, Azimio claims that kenyans have been treated to theatrics and made to believe that the economy is doing better than its neighbors.
"As the sun set on the first year of Kenya Kwanza, it is clear that no amount of oratory or extravagant claims can hide the harsh fact that we have had an extremely disastrous and difficult one year, and there is no reason whatsoever for Kenyans to believe that the next one year will be better." the statement reads.
The coalition says that as the regimes begin their second year in office, it is clear that the country is headed in the wrong direction. They noted that Diesel went up by Ksh21 shillings. Paraffin exposed Kenya Kwanza when its price went up by Ksh33. Petrol exposed Kenya Kwanza after rising by Ks16 higher, and the cost of living keeps increasing, and the propaganda is not working.
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They noted that the shilling Is doing poorly against the dollar compared to last year. Last year, $1= kshs 120. Currently, it's up to 150 against one US dollar. azimio claims that the fall of the shilling comes with a great price that includes the escalated costs of imports, including food.
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"The free fall of the shilling is, therefore, a grand betrayal of the people of Kenya by the Kenya Kwanza regime. Given the state of the economy and the promises they made during campaigns, Kenyans would have expected that Kenya Kwanza would cut down expenditure and borrowing. The regime did the complete opposite. Kenya Kwanza increased spending by Ksh400 billion, spending money it does not have and raising it by extorting more taxes from suffering Kenyans. The taxes rose at a time when the overall economy has been contracting."
