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Uhuru Scolds State Officers at a Meeting in State House, Demands to Know Why Kenyans are Broke!



President Uhuru Kenyatta apparently has been all ears as Kenyans have been expressing disquiet over the hard economic times.

Consequently, the president yesterday moved to address the cash crunch facing the country when he spelt out measures aimed at improving money circulation in the lower brackets of the economy. 

Addressing a meeting of parastatal heads at State House, Nairobi, Uhuru is said to have expressed displeasure over the low money circulation among the wananchi.

In a move that is likely to ease the pain of traders owed money by State agencies, parastatal heads were directed to immediately release Sh34 billion in pending bills as a way of unlocking the flow of cash to ordinary Kenyans. 

He also directed that State corporations would now be required to plan their budgets based on revenue collected and not on budget estimates.

In this regard, several ongoing projects and those lined up based on projected income have been frozen, with a new directive requiring State agencies to implement only projects approved by the President’s office. 

“The President wondered where all the money being used to construct government projects is going. In fact, he specifically asked us the question: Why are people broke; why is it that there is no money in their pockets?” one of the parastatal chiefs who attended the meeting confided in a local daily.

The two-hour meeting was attended by several Cabinet Secretaries, among them acting National Treasury Cabinet Secretary Ukur Yatani, Fred Matiang’i (Interior), James Macharia (Transport and Infrastructure), Peter Munya (Trade) and Attorney General Kihara Kariuki.

Yatani said parastatal chiefs were ordered to do everything possible to ensure Kenyans at the grassroots get some money in their pockets. 

“We have (also) directed the CEOs to release pending bills worth Sh34 billion as a way of unlocking the flow of cash to the ordinary wananchi. They will be required to ensure strict compliance to  the austerity measures,” Yatani said.  

The minister said the President wants to see a trickle-down effect of government expenditure.

“The President’s main concern is to ensure that the person in the village has money in his pockets,” said Yatani.

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