C
Originally published by Capital News
📰 Read Full Article
top
October 12, 2025
3h ago

Kiharu MP Nyoro Warns of Mounting Debt as Loan-Funded Projects Stall

Kiharu MP Nyoro Warns of Mounting Debt as Loan-Funded Projects Stall

He alleged that much of the borrowed money is being channeled into non-existent or stalled projects, including stadiums and other development programs. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Kiharu MP Ndindi Nyoro has expressed alarm over Kenya's escalating public debt, claiming that significant borrowed funds, particularly from the World Bank for programs like the National Youth Opportunity (Nyota) Program, are being misdirected to stalled or non-existent projects. He warns that this trend jeopardizes the nation's economic future.

  • Kenya's public debt has increased by over KSh 1 trillion in just eight months.
  • Ndindi Nyoro, Kiharu Member of Parliament, raised concerns during the 25th anniversary celebration of the Christian Foundation Fellowship (CFF).
  • The MP urged the government to prioritize economic recovery over political pursuits to safeguard future generations.

Continue Reading

Read the complete article from Capital News

📰 Read Full Article