Kiharu Member of Parliament (MP) Ndindi Nyoro has stated that the Kenya Kwanza regime is borrowing recklessly because it is focused on re-election.

He argued that since the government has not delivered anything tangible in the past years, it now wants to implement everything within a single year.

Speaking during an event on Saturday, September 6, 2025, the lawmaker said the government is engaging in reckless borrowing as it rushes toward the elections. He explained that every election period, governments tend to focus more on re-election rather than governance, leading to fiscal expansion.

According to him, since there is little to show for the past years, the regime is now attempting to fast-track development within one year, which has resulted in heavy borrowing.

“We are headed to elections, and what governments do is they focus more on reelection, and they forget that they have a country to lead after the elections, and what that means is that every time we need elections, we start having something called fiscal expansion,” Ndindi Nyoro stated.

“Because there has not been anything to be seen for the last year, then basically in one year we want everything to be seen, and what do we do? We became reckless in borrowing, and Kenya is here now, and now our debt is 12 trillion. Kenya has heard of development for many years, but we never had to borrow this much.”

Kenya’s fiscal situation

He noted that Kenya’s debt has now reached Ksh12 trillion. The country has achieved development for many years without borrowing to such extremes.

He also noted that in just three years, the current government has borrowed over Ksh 3.5 trillion shillings, three times what former President Mwai Kibaki borrowed in his ten-year tenure, which stood at 1.2 trillion shillings.

He further pointed out that this figure does not include other debts acquired through securitisation.

Nyoro has also observed that the Kenyan economy is now borrowing an average of Ksh100 billion every month. This translates to approximately Ksh3.4 billion borrowed every single day.