This week the Kenyan President Uhuru Kenyatta have stopped his signature development projects just a few months into the second term as a President. This must be connected with the agreement with the International Monetary Funds (IMF) done earlier in the year. Because that would make sense. The Jubilee is clearly not delivering, while the prices are surging and also the growing debt of the Republic. Kenyatta is surely following the protocol of the IMF, but he is putting like it is his idea. But when you looking into the documentation from the IMF, you can see the connection between the two. First is the review of the IMF and also Kenyatta statement from this week.
IMF review of Kenya:
“The mission welcomed the authorities’ plans to accelerate reforms aimed at (i) increasing the efficiency and transparency of public spending, particularly on development spending; and (ii) safeguarding financial stability by strengthening capital and liquidity positions of banks and microfinance institutions, promptly addressing the capital and liquidity deficiencies in individual banks, and implementing new International Financial Reporting Standards (IFRS)” (…) “The authorities requested a six-month extension of the SBA that expires on March 13, 2018 to allow more time to complete the outstanding reviews of the IMF-supported program. In support of this request, the authorities have committed to policies to achieve the program objectives, including reducing the fiscal deficit and substantially modifying interest controls. Discussions on the details of these policies will continue in the coming weeks” (IMF – ‘IMF Staff Concludes Visit to Kenya’ 07.03.2018).
“President Kenyatta said the directive is aimed at stopping wastage of resources and the habit of government agencies abandoning incomplete projects before jumping onto others. “There will be no new projects that will be embarked on until you complete those that are ongoing,” said the President who spoke at the Kenyatta International Convention Centre where he addressed a meeting bringing together all government accounting officers including Principal Secretaries, Parastatal Heads, Vice Chancellors of Public Universities and Chairmen of State Corporations. The President said projects that might be exempt from the freeze will be only those that are directly aligned to the Big Four Agenda but even then there must be a written authorisation from the National Treasury. “Even if new projects are aligned to the Big Four they cannot be started without express authority from CS or PS of the National Treasury,” said President Kenyatta” (PSCU – ‘President Kenyatta Freezes All New Government Projects Until Current Ones Are Completed’ 19.07.2018).
Because when you connected from the review and Kenyatta you get this:
First: “The mission welcomed the authorities’ plans to accelerate reforms aimed at (i) increasing the efficiency and transparency of public spending, particularly on development spending” (IMF, 2018) and than the President saying: “There will be no new projects that will be embarked on until you complete those that are ongoing” (…) “Even if new projects are aligned to the Big Four they cannot be started without express authority from CS or PS of the National Treasury” (Kenyatta, 2018). Because they are stating the same sort of things. Even stating that the authorities are ordering to stop new projects and stop spending, just like the IMF. This is proof of the connection and the reason for the push to stop the purse-string and austerity measures in the line of the IMF. This must be because of the growing debt and also the extensive spending that has been done over the first years of the Jubilee government.
To see this, is to see how the IMF is playing the cards and controlling the debt-ridden republic, which has the graft-drifting and embezzlement from high-ranking officials. That is why the growth of corruption in Kenya has been up 240% by the Jubilee government alone. This should be a warning because of the massive loans and corrupt behavior. Even with the stop of the development projects. Also, abolishing for now the Big Four Agenda, the baby of this administration.
Therefore, the Kenyan is pocketed and controlled, that is why we know that the Republic is indebted and have lost a bit control of their tab. When they have to stop spending and issuing this sort of order per request of the IMF. That is not a sign of strength, but out of weakness. Peace.
During the visit, the experts met representatives of Government, business, and civil society to discuss opportunities and Challenges.
GENEVA, Switzerland, July 11, 2018 – The United Nations Working Group on business and human rights is urging the authorities in Kenya to turn ideals set out in the 2010 national constitution into action that ensures businesses respect human rights.
“Kenya has the advantage of a solid legal framework for action, and the Government must first of all step up efforts to ‘walk the talk’ to translate existing legislation into practice,” said Anita Ramasastry, chairperson of the Working Group.
During the visit, the experts met representatives of Government, business, and civil society to discuss opportunities and challenges presented by the State’s commitment to the UN Guiding Principles on Business and Human Rights.
“We have been appalled to hear about the harsh working conditions of plantation workers, often paid below the minimum wage, and to witness the hardship and devastation caused by a preventable dam breach in Solai, Nakuru. We have also been very concerned by lead contamination in the Owino Uhuro settlement in Mombasa,” said Michael K. Addo, the other member of the visiting expert group.
“In all of these instances, it is the poorest and most vulnerable members of society who are most exposed and affected,” he added.
In a statement at the end of their 10-day visit, the experts noted that the challenges ahead would require concrete action by both national and county governments, including steps to ensure meaningful consultation and transparency in the assessment of environmental and social impacts of business projects.
The experts also encouraged the government to move forward with regulations relating to registration of community land and other efforts to provide clarity on land rights and certainty for communities and the private sector.
“We welcome the commitment of the Government to develop a National Action Plan (NAP) on Business and Human Rights to address gaps and shortcomings in current practice, and we hope that our preliminary observations will help this process,” Ms Ramasastry concluded.
The Working Group’s final report, including findings and key recommendations, will be presented to the UN Human Rights Council in June 2019
“DP Ruto: “The president and I have said that we will do our part in the fight on corruption. We have allocated resources to the agencies and added more people to these agencies” #DPRutoOnNTV” (NTV Kenya, 08.07.2018).
This here will be a short one. The Jubilee Government is all PR and no flair, they continue to borrow, become more and more colonized by the Chinese because of that. The Jubilee continues to steal land, state businesses and misuse funds, but nothing happens of significant change. The growth in Corruption is so steady, that its just tragic. That all the growing loans are killing the state, little by little.
Therefore, the speeches and ceremonies, the opening of commissions is more a flash in darkness, than significant change, as the state and the high-ranking officials walks away with wealth. They do so because of their allegiance to the state party. Even Orange Democratic Movement isn’t real opposition, as they are compromised by the agreement made by Raila Odinga, who is now a Senior Official representing Kenya, even in India.
That is why the words of William Ruto is pointless, the sugar-scandals, the biggest elephant of all – the Standard Gauge Railway project, the NYS Scandals and so many others, it isn’t funny. Their trickling down tear-drops, that turns into the ocean of despair. It is tragic how the funds are misused, how the state lack of governance and the oversight are taking for ride, while the elites, the ones connected to the party are all finding ways to eat on the government pay. They are just toying around with people’s future and day-to-day. They are mocking the state, taking land, taking tenders and misusing the trust of the people.
The circle of theft is happening again, and again, as the world keeps turning. That DP Ruto are saying these nice words on TV. Like he really fight it, the man, the hustle, the one who owns media houses, a village and different houses on various plots, different companies and even helicopters, the man on a decent paycheck, but not in the league of this. The man that donates nearly every weekend millions to good projects as he talks beautifully in churches. Clearly, the man has vast wealth created by meager millions, where he owns billions upon billions.
That is why he is all talk and no action. Which is understandable, as he will himself need to show his sudden progression and richness that he made out of nothing.
DP Ruto, do yourself and show the reality, not the fantasy, you might be saying the right words in some sense. But we know what is behind the facade. Peace.