Local economy –A section of top State officials observed that the high cost of living and the rise in fuel prices may continue for a long time and that Kenyans must be prepared for this.
First to throw in the towel is Economist David Ndii, the economic advisor to President William Ruto, who has elicited mixed reactions with a negative statement on the Kenyan economy.
Ndii who was responding to a concern from a member of the public on fuel cost and the general cost of living, said the current state of affairs in the country are as a result of careless borrowing by governments.
He consistently clarified that he had warned the country over unnecessary borrowing in the past and that the events have continued taking place now to a level that is irreparable.
“I’m not a politician. I don’t sell hope. It is going to be painful. And it may not work. Even Oxford and Harvard trained doctors lose patients.
“I told you two years ago that Kenya was in receivership. Nothing has changed,” David Ndii responded to the Kenyan.
He also reminded the country that he doesn’t trust in politicians and he is not one to sell hope and falsehood to voters.
“I’m not a politician, and I don’t peddle false hope. This journey may be painful, and success is not guaranteed,” he added.
He, therefore, noted that expectations that there will be a quick economic recovery anytime soon was going to hurt so many people because the situation is beyond such repair.
Commenting on the same, Nairobi Senator and Orange Democratic Movement ODM Secretary-General Edwin Sifuna remarked that it is not easy to hate on Ndii.
“It’s difficult not to appreciate David Ndii. He’s revealing that Kenya Kwanza is a government of trial and error. It’s all guesswork. ‘Doctor’ Ruto appears clueless. Kenya is the patient in this scenario,” Sifuna wrote.
Interestingly, Dennis Itumbi would share the same story saying the cost of living was rising because it is a global challenge.
“Fuel prices have risen to record highs across the world,” he wrote.
Same sentiments were quickly shared by Trade and Industrialization Cabinet Secretary Moses Kuria who argued that global Crude oil Prices are on an upward trajectory upto the first quarter of next year.
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