This archive report was first published on 5 September 2019.
President Uhuru Kenyatta has been urged to reduce Kenya's debt burden by ODM leader Raila Odinga, who spoke in Bondo on September 4, 2018.
According to Raila, the country's debt is already too heavy for Kenyans to carry, and the government should find ways of raising funds without raising taxes.
'The debt is already too heavy for Kenyans to carry and we are calling on the government to find ways of raising funds without raising taxes,' Raila said.
He blamed corruption for the huge debts, stating that the country has lost almost Sh700 billion to corrupt individuals.
'In order to achieve this, we need to slay this animal called corruption. If corruption can be controlled, the government can raise additional funds for development needs without increasing taxes,' he said.
The government's debt currently stands at Sh5.1 trillion, with China and the World Bank among the biggest external creditors owed more than a trillion shillings combined.
