Gachagua: 70pc Of Gov’t Revenue Is Used To Repay Kenyan Debt
Deputy President Rigathi Gachagua stated that a significant 70% portion of the government’s income is allocated towards repaying the public debt that was passed down from the prior administration.
Gachagua persistently attributed the nation’s economic difficulties to the preceding government, helmed by former President Uhuru Kenyatta, during the 92nd Kenya Medical Training College (KMTC) Graduation Ceremony held on Thursday at Kasarani Stadium.
He continued by stating that President William Ruto was handed a national debt amounting to Ksh.9.6 trillion.
“The President worked very hard. He inherited a Ksh.9.6 trillion public debt; all the money that we collect, 70 percent of that amount goes to pay public debt. As the President struggles with the economic challenges facing the Republic of Kenya, many critics are telling us not to remind them where we found Kenya,” he stated.
Unfazed by opposing opinions, Gachagua restated his dedication to exposing the shortcomings of the prior administration.
“When I spoke here on September 13, 2022, I said that we found empty coffers; I repeat we found empty coffers and that is the truth. No amount of denial will change that fact. We found the Kenyan economy in ICU,” said Gahagua.
The Deputy also stated his willingness to accept constructive feedback.
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He, however, called for a truthful assessment, emphasizing the need to inform the public about the initial poor state of the Kenyan economy.
“Even though there are still issues, we have a couple of things that can be seen. We welcome constructive criticism, but we want those critics to be truthful and tell the people of Kenya, where the President found the state of the Kenyan economy,” he asserted.
Addressing the 22,695 graduates, Gachagua encouraged the new grandaunts to enter the professional world with dignity.
“President Ruto has embarked on a very rigorous exercise to look for employment outside our borders and one of the most sought areas of professionalism out there is your profession. They have been directed to look for employment opportunities for Kenyans. Already, we have outstanding requests from the UK and Germany for healthcare providers,” he said.
The graduation, themed “Mashujaa: Afya mjini, Afya Kijiji,” saw 12,917 graduates receiving diplomas, 870 achieving higher diplomas, and 8,908 awarded certificates.
Gachagua: 70pc Of Gov’t Revenue Is Used To Repay Kenyan Debt
