The government should responsibly tame debt spiral“Be indebted to no one, except to one another in love,” that’s Romans 13:8.Nevertheless, we all know Kenya owes much more than love. Some debt can be used towards responsible investments while other debt can be irresponsibly wasteful. The Central Bank of Kenya reports that our government’s debt is below 74 per cent of our total annual economy (GDP). Until quite recently, we only paid one out of ten shillings in our budget to pay interest on our debt. Responsibly exiting the debt spiral is part of the popular and common sense demand.

Source: Standard Digital May 11, 2019 21:05 UTC