Kenyans on Twitter are a disappointed lot.
On Thursday, Kenyans expressed fury over government’s unsatisfying appetite for China’s debts saying such huge debts will land Kenya in troubles.
Running under the #CapGoKBorrowing, this is what some of them had to say.
Even without loans ,Kenya has enough resources to service its people. The problem is that the government doesn't want to invest in what we have locally #CapGoKBorrowing
— Naom Kemunto🇰🇪 (@NaomKemunto5) April 25, 2019
Borrowing isn't a Crime. The crime is Misusing the borrowed funds. When there's lack of transparency & accountability on how money being borrowed is used then there is need for alarm. There is need to put up measures that will ensure that there is accountability. #CapGoKBorrowing pic.twitter.com/GTKG1Oibsy
— KOT NINJA 🥋 (@KOTNINJA) April 25, 2019
The government should find means of dealing with those involved in corrupting public funds before we think about borrowing again #CapGoKBorrowing
— Naom Kemunto🇰🇪 (@NaomKemunto5) April 25, 2019
Brace yourselves Kenyans! Expect high interest rates, multiple taxes, high cost of power, limited access to credit facilities delayed payments by both national and county governments, among others as debt effects. #CapGoKBorrowing https://t.co/xgaNQPKtuQ
— Janet Machuka (@janetmachuka_) April 25, 2019
Why is our government going on borrowing. Can't we sustain ourselves with whatever small we have. Corruption is undermining everything in Kenya #CapGoKBorrowing pic.twitter.com/r14NP2pBKY
— Global Voice ✌ (@larrykipz) April 25, 2019
We don't hate loans but huge loans no benefits is the problem. I don't think the money we ve been borrowing do serve the purpose #CapGoKBorrowing pic.twitter.com/ROTqGYA5Zs
— Global Voice ✌ (@larrykipz) April 25, 2019
Kenya’s public debt is now more than 5 trillion shillings with each Kenyans owing debtors at least Ksh130,000. According to stats by the National Treasury, by the year 2022, Kenya will be owing to the world at least 7.2 trillion shillings.#CapGokBorrowing pic.twitter.com/J5S5fUjpml
— Hon Alexander K Kosgey (@a_kosgey) April 25, 2019
Everytime I see uhuru going to China I feel scared for my country.I think they should be asking for permission from Kenyans before taking any loan.We are the ones who will pay so we should be involved #Tumechoka #CapGoKBorrowing
— Mueni 🇰🇪 (@WausiFay) April 25, 2019
Exactly. Too much taxation will definitely kill business sustainability. Why would we venture into businesses when we cant even tell it’s fate in two years as taxation is on the rise? #CapGoKBorrowing
— Janet Machuka (@janetmachuka_) April 25, 2019
You will see this graphics and you will clearly relate because this what we face every day we go for shopping, travelling,, you and me are paying for the taxes and we are being burden with loans on top. Sad! #CapGoKBorrowing pic.twitter.com/IPlqi9swfi
— Taitaaâ„¢ (@EdwinCheruh) April 25, 2019
'Your Sh368 bn loan will be approved shortly' #CapGoKBorrowing pic.twitter.com/WoO3FgxNay
— Augustine Sang 🇰🇪 (@Sang_254) April 25, 2019
What do you think will happen to our country by 2030 if we keep the same trend of borrowing from China?#CapGoKBorrowing
— Naom Kemunto🇰🇪 (@NaomKemunto5) April 25, 2019
Dear H.E Uhuru, please keep sinking us into lifetime debts. You have the mandate, in fact, tag Raila along where his influence helps. We warned people that you were and still not competent, clueless and lazy, but they refused to listen. Chukua yote Sir!! Tutalipa#CapGoKBorrowing
— Ole Melau Kishon (@VKapeen) April 25, 2019
Did you know China is the leading Kenya's creditor? Did you know the Chinese loans don't come with transparent agreements? Did you know our projects are not well priotised? Did you know Sri Lanka had to cede their port to China? Thought you should know! #CapGoKBorrowing pic.twitter.com/isRRNyMCDi
— Charles Wahinya™🇰🇪 (@Charleswahinya_) April 25, 2019
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