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Mukhisa Kituyi slams Ruto’s borrowing spree, warns of growing debt crisis

Mukhisa Kituyi slams Ruto’s borrowing spree, warns of growing debt crisis
The United Opposition Spokesperson Mukhisa Kituyi.PHOTO/@DrMukhisaKituyi/X

Mukhisa Kituyi, the United Opposition spokesperson, has sharply criticised William Ruto over what he describes as excessive borrowing and reckless government expenditure, warning that the trend is deepening Kenya’s economic challenges.

Speaking in a morning interview with a local radio station on Tuesday, March 31, Kituyi has argued that President Ruto lacks both the capacity and political will to address the economic difficulties facing Kenyans. He accused the head of state of presiding over a regime marked by a massive appetite for borrowing and what he termed as extravagant spending.

“President Ruto doesn’t have the capacity, the will and the appetite to revise the ills he has occasioned in the country. The massive appetite for borrowing and reckless gladiolus expenditure. In that kind of situation, how can you look at him as part of the solution? He is only part of the problem,” Kituyi said.

Fred Matiang'i, Governor George Natembeya and Mukhisa Kituyi in a Wednesday meeting. PHOTO/Screengrab by People Daily Digital/@GeorgeNatembeya/X
Fred Matiang’i, Governor George Natembeya and Mukhisa Kituyi in a Wednesday meeting. PHOTO/Screengrab by People Daily Digital/@GeorgeNatembeya/X

According to Kituyi, the government’s continued reliance on debt financing, coupled with high expenditure on non-essential projects, has worsened the fiscal situation instead of stabilising it. He expressed concern that such policies risk pushing the country further into a debt trap, leaving future generations burdened with repayment obligations.

Kituyi blames Ruto for Kenya’s economic woes

The opposition spokesperson maintained that under the current trajectory, it is difficult to view President Ruto as part of the solution to Kenya’s economic woes. Instead, he said that the president is part of the problem because he has borrowed too much money and made what he thinks are bad financial decisions.

President William Ruto, alongside Deputy President Kithure Kindiki and Prime Cabinet Secretary Musalia Mudavadi, at State House, Nairobi. PHOTO/@WilliamsRuto/X

Kituyi’s comments come at a time when Kenya is still dealing with significant public debt, rising living costs, and pressure on its finances. There have been increasing calls for fiscal discipline, transparency, and prioritisation of essential spending to safeguard economic stability.

As the debate over Kenya’s debt sustainability intensifies, Kituyi urged the government to adopt more responsible fiscal policies, reduce unnecessary expenditure, and focus on long-term economic resilience rather than short-term political gains.

Author

Ndiritu Wanjiru

N.W.

View all posts by Ndiritu Wanjiru

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