"Stop Blaming Government Luxury" Debt and Pensions as True Drivers of Sh4.8T Spending Plan -Cs Mbadi

Rough ride for CS Mbadi as he joins Ruto's 'skunk' and forced to defend unpopular gov'
John Mbadi, National Treasury Cabinet Secretary, has thrown a very bold challenge to the National Assembly by unveiling a potent economic firework by saying that Kenya is forced to have a gigantic budget of Sh4.8 trillion due to the rising cost of public debt and pensions, and not due to recurrent expenditure.

While defending the state’s huge fiscal system, CS John Mbadi boldly noted that the critics, who have been concentrating on the wage bill and recurrent expenses alone, do not know the real economic status of the nation.

The bold confrontation between the two arms of the government came when the National Assembly was nearing the last minute of analyzing and approving the Estimates of Revenue and Expenditure with the help of the powerful Budget and Appropriations Committee chaired by Alego Usonga MP Samuel Atandi.

Politicians, opposition politicians, civic groups, and others were attacking the gigantic figure of Sh4.8 trillion as being a heavy burden to bear by the taxpayers.

"Public debt interest and pension obligations are the main contributors to Sh4.8 trillion budget, not recurrent expenditure. We should leave populism and face facts. Non-discretionary expenditure is non-negotiable. It is sovereign, therefore, it must be paid."


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