Stop loaning money to Kenya. Politicians loot and less remains for the purpose
Stop loaning money to Kenya. Politicians loot and less remains for the purpose
In kenya the debt from IMF, WORLD BANK and first world countries is becoming too much to bare. Politicians tend to pocket the amount in the event that billions are granted. The burden is left for the citizens to pay. The citizens on the other end are not provided with ample economic environment to support their livelihoods through SMEs. They are instead forced to pay high amounts of taxes to start and renew trade licenses which many cannot afford.
Furthermore, the government is enforcing lockdown in major cities that could have been a real target for revenue collection. No economic activities are taking place in the so called "disease infected zones". As a result, they have hypothesized their covid19 infection numbers to attract sympathy from IMF to be granted loans in the name of tackling the pandemic problem.
They stole the first loan, they took everything given to KEMSA. What will prevent them from embezzling the 255 billion shillings the IMF has promised? Please stop the disbursement for the good of citizens and for yourself. Thank you
Concerned Kenyan