Interplay of campaign spending and its impact on inflation - News Summed Up

Interplay of campaign spending and its impact on inflation


It is expected that we’ll see a campaign spending of about Sh60 billion in this election. This is excluding what the Independent Electoral and Boundaries Commission (IEBC) and the security agencies will spend - another 40.9 billion. In total, the 2022 election will see spending of over 120 billion, one of the highest globally. Perhaps the biggest problem of voter bribery, and the consequential big spending, is inflation. The few cases witnessed, are not fueled by tribal hatred, but by bitterness at not accessing politicians’ handouts.


Source: Daily Nation July 17, 2022 08:56 UTC



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