Here is what moses kuria posted on his Facebook page
Someone went to Washington to say that Kenya is in a crisis. Let us dissect this crisis in a way that the American audience understands best. From the beginning of this year to date, Kenya has conducted a general election, had a Presidential election annuled, and held a repeat Presidential election. Throughout 2017, the Shilling has remained in the Ksh 100 to Ksh 103 to the greenback. 90 Day T-Bill has hovered around 8% and CBRR around 10% throughout.
Inflation stands at a healthy 5.7%. Forex reserves have held fort never falling below 5 months of import cover. 1.5 Million Kenyan children are sitting for examinations. Parliament has voted for money to provide for free day secondary school in January. So what crisis are we talking about? In America they look at these indicators to declare a crisis. A certain candidate losing every election is a sad, regrettable thing but can not be termed a crisis.
Someone went to Washington to say that Kenya is in a crisis. Let us dissect this crisis in a way that the American audience understands best. From the beginning of this year to date, Kenya has conducted a general election, had a Presidential election annuled, and held a repeat Presidential election. Throughout 2017, the Shilling has remained in the Ksh 100 to Ksh 103 to the greenback. 90 Day T-Bill has hovered around 8% and CBRR around 10% throughout.
Inflation stands at a healthy 5.7%. Forex reserves have held fort never falling below 5 months of import cover. 1.5 Million Kenyan children are sitting for examinations. Parliament has voted for money to provide for free day secondary school in January. So what crisis are we talking about? In America they look at these indicators to declare a crisis. A certain candidate losing every election is a sad, regrettable thing but can not be termed a crisis.
