This archive report was first published on 13 November 2019.
President Uhuru Kenyatta has raised concerns over the economic struggles faced by Kenyans, citing the numerous infrastructure projects undertaken by his administration.
During a recent meeting at State House, Kenyatta asked his advisors to explain why Kenyans are experiencing hard economic times, despite the many projects being undertaken.
According to a senior government official, the President wondered where the money allocated to these projects was going, and specifically asked: 'Why are people broke; why is it that there is no money in their pockets?'
Among those present at the meeting were Cabinet Secretaries Ukur Yatani (Treasury), Fred Matiang'i (Interior), James Macharia (Transport and Infrastructure), Peter Munya (Trade), and Attorney General Kihara Kariuki.
Resolutions passed during the meeting included an order for parastatal heads to immediately release Sh34 billion in outstanding bills owed to suppliers, in a bid to revamp the economy and create more cash flows in the country.
Additionally, Kenyatta banned government corporations from investing in Treasury bills, where at least Sh100 billion of public funds are said to have been pumped.
Published on November 13, 2019, by People Daily.
