We will not lend you any more money unless you sack this persons from your government. President Uhuru Kenyatta has been told.
Both International Monetary Fund IMF and the World Bank has advised the Kenyan government to first clean its departments to be able to qualify for any extra external funding.
According to Treasury Cabinet Secretary Ukur Yatani who was speaking to the National Assembly Committee on Finance, the Bretton Wood Institution has cautioned him from borrowing before getting rid of corrupt faces in all State departments.
“To avoid this … some of the State corporations will be merged, people sacked, some departments will be dissolved and some will partner.” Yatanni sated.
Atleast 70,000 civil servants in 100 State corporations should be send packing by Christmas. This is according to his agreement with the foreign lender.
If well implemented, Kenya will win another sh 250 billion in loans from the IMF next February. This therefore means President Uhuru should plan to go back to the drawing board, craft an acceptable working formula that will reduce administration costs through few employees in various government sectors.
Kenya is sacking Civil Servants, because @IMFNews & @WorldBankKenya are saying we cannot AFFORD. But, hey we have a loose Shillings 14b for a Referendum in 2021. #JourneyToConsensus
— Dennis Itumbi, HSC (@OleItumbi) December 2, 2020
Kenya has for many years been ranked as the most corrupt government that cannot be trusted anymore by any lending institution across the world.
Many lenders have since established that the billions which are lent to the Uhuru Kenyatta-led-administration ends up in a few hands of Tenderpreneurs.
