" OUR ECONOMY IS GETTING INTO THE ICU," PRIME MINISTER DESIGNATE, MUSALIA MUDAVADI.
From left, ANC Party Leader Musalia Mudavadi & Kenya Kwanza Alliance Presidential Candidate William Ruto of UDA. |
Speaking in the recent Kenya Kwanza Economic forums, the former vice president, also the ANC Party Leader Musalia Mudavadi has been consistent on his call for Economic resuscitation.
Taking it to his online platforms including Facebook, Mudavadi speaks of the continuous worsening situation of the Kenya's Economy and believes in the Kenya Kwanza Alliance Agenda as one that will resuscitate the ailing Economy.
" With each passing day, the economy is getting more into the ICU situation.
Lack of enough foreign exchange especially the US dollar 💰 is threatening the existence of some factories more so, those that import raw materials for production.
The government through Treasury Cabinet Secretary Ukur Yatani should explain to Kenyans why there is a foreign exchange crisis in the country and the rapid depreciation of the shilling.
As Kenya Kwanza, we will restore investors' and foreign affair relations within the shortest time possible and produce what we can export to raise foreign exchange.
The punitive tax regimes are affecting our industries leading to the current foreign currency crisis. As Kenya Kwanza, we shall review the taxes immediately to cushion our industries from closing shop and create an enabling environment for the factories.
The Kenya Kwanza government will not burden Kenyans with more public debts but work on how to effectively service the current debts without increasing taxes. "
~~ Hon. Musalia W. Mudavadi, ANC Party Leader and Kenya Kwanza Alliance Principal.
Photo Credits : Musalia Mudavadi Press. |
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