Deputy President William Ruto now claims the country is living beyond its means and says he has a plan that he will implement in a bid to reduce and manage Kenya’s debt if he clinches power.
Dp Ruto speaking during a presidential debate held at the Catholic University of East Africa (CUEA) said some projects in the country such as the Uhuru Gardens museum did not have a budget plan.
Kenya kwanza’s presidential flagbearer further said it is unreasonable to say that the country is unable to pay its debts when it has all it takes.
The country’s second in command said when he ascends to power he will slow down on borrowing, and slow unbudgeted projects which he says are the biggest source of the country’s problems.
“We collect 52 percent of all collectible VAT, we can raise 95% which will give us an extra Ksh450 billion,” he explained.
Ruto says revenue can be raised from different avenues to get extra cash to help deal with the debt menace.
According to the DP public contracts are supposed to be made public for accountability and transparency for a functional government.