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The debt question Kenyans must ask is simple: Why does the debt keep growing every year despite billions already being paid? How do we borrow, repay, borrow again, and still sink deeper into debt? This is why the conversation on odious debt can no longer be avoided. One dangerous...

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Okiya Omtatah Okoiti

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14,524 次观看 • 1 个月前 •via X (Twitter)

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The IMF can be sued. IMF is suable. IMF cannot use corrupt crooks in government to trap Kenyans in debt. Any debt that was borrowed out of the budget, without parliamentary approval and without passing through the Consolidated Fund, Must not be paid by Kenyans. We are not here to suffer servicing the lavish lifestyles of crooks in government. #RutoMustGoNow #DrainTheSwamp
1:56

The IMF can be sued. IMF is suable. IMF cannot use corrupt crooks in government to trap Kenyans in debt. Any debt that was borrowed out of the budget, without parliamentary approval and without passing through the Consolidated Fund, Must not be paid by Kenyans. We are not here to suffer servicing the lavish lifestyles of crooks in government. #RutoMustGoNow #DrainTheSwamp

I am Chege

62,000 次观看 • 7 个月前

John Mbadi on public debt: First priority for me is debt accountability. If Kenyans owe people money, why can't they know who they owe, how much and what is the level of interest for each loan
2:43

John Mbadi on public debt: First priority for me is debt accountability. If Kenyans owe people money, why can't they know who they owe, how much and what is the level of interest for each loan

NTV Kenya

229,153 次观看 • 1 年前

Kenya’s economy will continue to be crippled until 2040 if the KSh 2.4 trillion spent on servicing the odious debt annually is not stopped. We must make a decisive action to stop the unsustainable debt burden to liberate Kenyans economically
1:25

Kenya’s economy will continue to be crippled until 2040 if the KSh 2.4 trillion spent on servicing the odious debt annually is not stopped. We must make a decisive action to stop the unsustainable debt burden to liberate Kenyans economically

Jimi Wanjigi

24,885 次观看 • 1 个月前

"America is well in debt, the British are well in debt, even the Chinese are borrowing. If this country is going to every market that is open to borrow to invest in its future and we're getting that money, which means we are creditworthy." - Ismail Ahmed.
1:34

"America is well in debt, the British are well in debt, even the Chinese are borrowing. If this country is going to every market that is open to borrow to invest in its future and we're getting that money, which means we are creditworthy." - Ismail Ahmed.

Imran Muhammad

37,493 次观看 • 1 年前

NYOTA FUND is an illegal debt. The constitution does not allow you to borrow money for PR activities. All debts must be attached to development projects. How many industries could have Ksh 13B built and how many youths could have been employed? How many Kenyatta Hospitals could have been built? You illegally borrow billions for political activities and expect Kenyans to pay. World Bank is using crooks in government to trap Kenyans in debts. Kenyans MUST refuse to pay illegally borrowed debts! #RutoMustGo #DrainTheSwamp
1:33

NYOTA FUND is an illegal debt. The constitution does not allow you to borrow money for PR activities. All debts must be attached to development projects. How many industries could have Ksh 13B built and how many youths could have been employed? How many Kenyatta Hospitals could have been built? You illegally borrow billions for political activities and expect Kenyans to pay. World Bank is using crooks in government to trap Kenyans in debts. Kenyans MUST refuse to pay illegally borrowed debts! #RutoMustGo #DrainTheSwamp

I am Chege

53,384 次观看 • 7 个月前

Out of the Ksh 13T debt, only Ksh 6.9T can be traced from the treasury records. Ksh 6.1T is invisible, undocumented and untraceable. Where is that money and what was the money used for? By July 2023, taxpayers had paid Ksh 8.8T. That means Kenyans have no debts and have even paid in excess. The debt register must be opened. Public debts must be audited. We cannot be overtaxed to service the lavish lifestyles of crooks in government. #AuditPublicDebts #OpenDebtRegister #RutoMustGoNow #DrainTheSwamp
2:35

Out of the Ksh 13T debt, only Ksh 6.9T can be traced from the treasury records. Ksh 6.1T is invisible, undocumented and untraceable. Where is that money and what was the money used for? By July 2023, taxpayers had paid Ksh 8.8T. That means Kenyans have no debts and have even paid in excess. The debt register must be opened. Public debts must be audited. We cannot be overtaxed to service the lavish lifestyles of crooks in government. #AuditPublicDebts #OpenDebtRegister #RutoMustGoNow #DrainTheSwamp

I am Chege

35,216 次观看 • 7 个月前

Since 2015, the Liberals have doubled Canada’s national debt. They have doubled the amount of taxpayer’s money that we waste paying interest on that debt. And now they want to borrow billions more? Today, I voted NO to another year of reckless Liberal borrowing. Here's why👉
9:38

Since 2015, the Liberals have doubled Canada’s national debt. They have doubled the amount of taxpayer’s money that we waste paying interest on that debt. And now they want to borrow billions more? Today, I voted NO to another year of reckless Liberal borrowing. Here's why👉

Aaron Gunn

17,322 次观看 • 7 个月前

There was a town hall meeting on public debt at the Ufungamano house last month. I have been looking for clips and I have found some. These are the right questions Kenyans should be asking. Let us start with the ten years of UhuRuto regime; Taxpayers Collected Revenue was Ksh 13.8T Taxpayers Expenditure was Ksh 14.3T, a deficit of Ksh1.5T, meaning only Ksh 1.5T was to be borrowed. In those ten years, Ksh 7.7T was borrowed and the Parliament only approved the borrowing of Ksh 2T. Surprisingly, in those ten years, the Parliament approved the payment of Ksh 5.6T which they never approved to be borrowed. Now, Ksh 5.6T was paid, but when Ruto's killer regime came to office, the debt was Ksh 9.6T. William Ruto says that they have paid Ksh 4.6T. Now the question we are asking is, why is the public debt at Ksh 12.3T? We must demand the debt register to be opened. Public debts must be audited juu hapa tunachezwa. It doesn't add up. Ksh 5.6T + Ksh 4.6T is 10.2T. How do we still owe Ksh 12.3T? Who is fooling who? Where is our money going to? #AuditPublicDebts #OpenDebtRegisters #RutoMustGo #DrainTheSwamp
2:59

There was a town hall meeting on public debt at the Ufungamano house last month. I have been looking for clips and I have found some. These are the right questions Kenyans should be asking. Let us start with the ten years of UhuRuto regime; Taxpayers Collected Revenue was Ksh 13.8T Taxpayers Expenditure was Ksh 14.3T, a deficit of Ksh1.5T, meaning only Ksh 1.5T was to be borrowed. In those ten years, Ksh 7.7T was borrowed and the Parliament only approved the borrowing of Ksh 2T. Surprisingly, in those ten years, the Parliament approved the payment of Ksh 5.6T which they never approved to be borrowed. Now, Ksh 5.6T was paid, but when Ruto's killer regime came to office, the debt was Ksh 9.6T. William Ruto says that they have paid Ksh 4.6T. Now the question we are asking is, why is the public debt at Ksh 12.3T? We must demand the debt register to be opened. Public debts must be audited juu hapa tunachezwa. It doesn't add up. Ksh 5.6T + Ksh 4.6T is 10.2T. How do we still owe Ksh 12.3T? Who is fooling who? Where is our money going to? #AuditPublicDebts #OpenDebtRegisters #RutoMustGo #DrainTheSwamp

I am Chege

23,880 次观看 • 7 个月前

No country can effectively confront the climate challenge if debt is a burden. This is why the G20 must work to implement bolder and timely debt relief plans to help the most affected countries overcome debt distress, address climate change, and pursue more equitable and sustainable economic growth objectives.
9:30

No country can effectively confront the climate challenge if debt is a burden. This is why the G20 must work to implement bolder and timely debt relief plans to help the most affected countries overcome debt distress, address climate change, and pursue more equitable and sustainable economic growth objectives.

Abiy Ahmed Ali 🇪🇹

111,485 次观看 • 2 年前

I warned us,Odious debt is biting Kenya very hard. Borrowing for paying of wages and allowances is criminal as per the law. We must audit our debt and Stop the payment of odious debt!
0:29

I warned us,Odious debt is biting Kenya very hard. Borrowing for paying of wages and allowances is criminal as per the law. We must audit our debt and Stop the payment of odious debt!

Jimi Wanjigi

43,661 次观看 • 1 个月前

John Mbadi: This National Infrastructure Fund cannot go out and go to any financial institution and raise debt and give us some money we will be spending on a number of projects without specification. They are allowed to borrow or get into debt on projects #CitizenExplainer
3:04

John Mbadi: This National Infrastructure Fund cannot go out and go to any financial institution and raise debt and give us some money we will be spending on a number of projects without specification. They are allowed to borrow or get into debt on projects #CitizenExplainer

Citizen TV Kenya

22,766 次观看 • 4 个月前

"Facts are Facts, we need to borrow money to fund our infrastructural development, what is Nigeria doing with 50% debt ratio to GDP when in United Kingdom its 95%, in the United States it is 123% and in China it is 46%, Nigeria is a developing Country, tell me how do we develop if we are not utilising our ability to borrow and borrow properly? We need to borrow a large Volume of Debt, exit our existing debt and move on, but we want to borrow 2 Billion dollars, is that money? Senator Jimoh Ibrahim, Member. Senate Committee on Appropriations #seunokinbaloye #politicstoday #channelstv
5:32

"Facts are Facts, we need to borrow money to fund our infrastructural development, what is Nigeria doing with 50% debt ratio to GDP when in United Kingdom its 95%, in the United States it is 123% and in China it is 46%, Nigeria is a developing Country, tell me how do we develop if we are not utilising our ability to borrow and borrow properly? We need to borrow a large Volume of Debt, exit our existing debt and move on, but we want to borrow 2 Billion dollars, is that money? Senator Jimoh Ibrahim, Member. Senate Committee on Appropriations #seunokinbaloye #politicstoday #channelstv

SeunOkin Channels tv

48,559 次观看 • 1 年前

Kenyans deserve to know the truth. You are being trapped under the armpits of Odious debts which will make you slaves forever. The so called NYOTA FUND is an Odious debt which has already been looted and the little remaining is what is being distributed. This clip is only two minutes long and it will save your life. #DeniBandia #RutoMustGo
2:26

Kenyans deserve to know the truth. You are being trapped under the armpits of Odious debts which will make you slaves forever. The so called NYOTA FUND is an Odious debt which has already been looted and the little remaining is what is being distributed. This clip is only two minutes long and it will save your life. #DeniBandia #RutoMustGo

I am Chege

31,063 次观看 • 5 个月前

Odious Debt is a legal reality. Under international law, when a creditor lends to a regime that loots the funds against the people’s interest, that debt becomes "odious." It is not the people’s burden to carry. The IMF claims it has no "political" mandate. But as a United Nations agency, it has a Duty of Care. Funding a regime that bypasses Parliamentary oversight and ignores the Law makes the IMF an accomplice to constitutional subversion. Article 201 of our Constitution, Public finance must be guided by transparency. Loans signed in secret, without public participation, are null and void ab initio. We demand a Forensic Audit of every shilling borrowed. The law is not a rug to sweep failures under. 🇰🇪 #SovereignDebt #Kenya #DeniBandia
2:50

Odious Debt is a legal reality. Under international law, when a creditor lends to a regime that loots the funds against the people’s interest, that debt becomes "odious." It is not the people’s burden to carry. The IMF claims it has no "political" mandate. But as a United Nations agency, it has a Duty of Care. Funding a regime that bypasses Parliamentary oversight and ignores the Law makes the IMF an accomplice to constitutional subversion. Article 201 of our Constitution, Public finance must be guided by transparency. Loans signed in secret, without public participation, are null and void ab initio. We demand a Forensic Audit of every shilling borrowed. The law is not a rug to sweep failures under. 🇰🇪 #SovereignDebt #Kenya #DeniBandia

Okiya Omtatah Okoiti

43,364 次观看 • 5 个月前

When you borrow money you can spend more, but you also create debt. That debt needs to be paid back, which is the start of a big debt imbalance and can lead to a crisis. You can read the first part of my book “How Countries Go Broke” at the link here: #principles #raydalio #mentor #economics
2:32

When you borrow money you can spend more, but you also create debt. That debt needs to be paid back, which is the start of a big debt imbalance and can lead to a crisis. You can read the first part of my book “How Countries Go Broke” at the link here: #principles #raydalio #mentor #economics

Ray Dalio

180,313 次观看 • 1 年前

The public debt is now over Ksh 13 Trillion. We are borrowing in one year around Ksh 1.2Trillion; the amount President Kibaki borrowed in 10 years. Borrowing a net of Ksh 4Bn every day, without adding refinancing (what we borrow to pay previous loans). Kenya is also borrowing off the book from last year, just exactly what Senegal did and the more the reason they are in deep fiscal crisis. That’s why IMF is shunning Kenya. If we do not stop the profligate borrowing, for sure a reset is on the horizon. We must stop. We are African and Africa is our Business..
7:01

The public debt is now over Ksh 13 Trillion. We are borrowing in one year around Ksh 1.2Trillion; the amount President Kibaki borrowed in 10 years. Borrowing a net of Ksh 4Bn every day, without adding refinancing (what we borrow to pay previous loans). Kenya is also borrowing off the book from last year, just exactly what Senegal did and the more the reason they are in deep fiscal crisis. That’s why IMF is shunning Kenya. If we do not stop the profligate borrowing, for sure a reset is on the horizon. We must stop. We are African and Africa is our Business..

Ndindi Nyoro

17,772 次观看 • 1 个月前

For decades, the Kenyan people have been burdened by odious debts incurred by past regimes under questionable, and often despotic, circumstances. These loans, ostensibly taken for national development have instead been used to enrich a few corrupt individuals at the expense of millions of hardworking citizens. Today, Kenyans continue to suffer from economic hardship, high taxation, and dwindling public resources, all in the name of repaying debts that never served their interests. It is time we ask: Why should the citizens of Kenya (The sovereign) bear the burden of repaying loans that were never intended to benefit them? Why should those who facilitated these loans, only to siphon public funds into their private offshore accounts; walk free while the people struggle under oppressive economic conditions? We must also question the role of international financial institutions, such as the International Monetary Fund (IMF) and the WorldBank, which have continued to issue loans despite glaring evidence of corruption and mismanagement. These institutions cannot feign ignorance. Wire transfers leave digital trails. The looted money was laundered into known tax havens, and global intelligence agencies were fully aware of these transactions. Yet, loans were granted without due diligence, largely for political and financial gain, and often in direct violation of Kenya’s constitutional and legal requirements. Under Article 211 of the Constitution and Section 50 of the Public Finance Management Act,2012, all external borrowing requires parliamentary approval. Yet, successive regimes have sidestepped this legal requirement, indebting the nation without transparency or accountability. These unconstitutional debts must be thoroughly audited, and where illegality is found, the burden must not fall on the Kenyan taxpayer. We Demands: 1. A full public audit of Kenya’s external debt to determine which loans were acquired legally and which were fraudulent or unconstitutional. 2. Prosecution of individuals and institutions responsible for acquiring, facilitating, and looting these loans. 3. Recovery of stolen funds stashed in offshore accounts, with the money redirected towards national development. 4. A legal framework to prevent future reckless borrowing, ensuring full parliamentary oversight and public participation in debt management. This matter is not just about past injustices, it is about securing Kenya’s future. We will not allow future generations to be enslaved by debt accumulated through corruption and impunity. The looters must return what they took, and those who enabled these financial crimes must be held accountable. We call upon all Kenyans, civil society organizations, and international partners committed to transparency and justice to join us in this fight. We will not be silent. We will not stop until justice is served. #GetItDone #MasculinitySaturday
2:16

For decades, the Kenyan people have been burdened by odious debts incurred by past regimes under questionable, and often despotic, circumstances. These loans, ostensibly taken for national development have instead been used to enrich a few corrupt individuals at the expense of millions of hardworking citizens. Today, Kenyans continue to suffer from economic hardship, high taxation, and dwindling public resources, all in the name of repaying debts that never served their interests. It is time we ask: Why should the citizens of Kenya (The sovereign) bear the burden of repaying loans that were never intended to benefit them? Why should those who facilitated these loans, only to siphon public funds into their private offshore accounts; walk free while the people struggle under oppressive economic conditions? We must also question the role of international financial institutions, such as the International Monetary Fund (IMF) and the WorldBank, which have continued to issue loans despite glaring evidence of corruption and mismanagement. These institutions cannot feign ignorance. Wire transfers leave digital trails. The looted money was laundered into known tax havens, and global intelligence agencies were fully aware of these transactions. Yet, loans were granted without due diligence, largely for political and financial gain, and often in direct violation of Kenya’s constitutional and legal requirements. Under Article 211 of the Constitution and Section 50 of the Public Finance Management Act,2012, all external borrowing requires parliamentary approval. Yet, successive regimes have sidestepped this legal requirement, indebting the nation without transparency or accountability. These unconstitutional debts must be thoroughly audited, and where illegality is found, the burden must not fall on the Kenyan taxpayer. We Demands: 1. A full public audit of Kenya’s external debt to determine which loans were acquired legally and which were fraudulent or unconstitutional. 2. Prosecution of individuals and institutions responsible for acquiring, facilitating, and looting these loans. 3. Recovery of stolen funds stashed in offshore accounts, with the money redirected towards national development. 4. A legal framework to prevent future reckless borrowing, ensuring full parliamentary oversight and public participation in debt management. This matter is not just about past injustices, it is about securing Kenya’s future. We will not allow future generations to be enslaved by debt accumulated through corruption and impunity. The looters must return what they took, and those who enabled these financial crimes must be held accountable. We call upon all Kenyans, civil society organizations, and international partners committed to transparency and justice to join us in this fight. We will not be silent. We will not stop until justice is served. #GetItDone #MasculinitySaturday

Okiya Omtatah Okoiti

118,618 次观看 • 1 年前