JUST IN: CS Mbadi Highlights Mistakes Behind Kenya’s Economic Troubles, Promises Recovery
Treasury and Economic Planning Cabinet Secretary John Mbadi has voiced concerns over Kenya’s economic challenges but remains hopeful about the country’s recovery. Speaking at the graduation ceremony at Migori Teachers Training College, Mbadi acknowledged that Kenya’s economic trajectory has been adversely affected by years of reckless borrowing and poor fiscal management. Despite these setbacks, Mbadi believes that Kenya can recover through strategic reforms and responsible financial oversight. He specifically pointed to the misuse of short-term loans to fund long-term projects as a key mistake that has contributed to the country’s current financial struggles. “It is true that our economy is not doing very well. It is largely because, at one
The post CS Mbadi Highlights Mistakes Behind Kenya’s Economic Troubles, Promises Recovery appeared first on Nairobi Wire. Read More