Mbadi Challenges Critics To Verify Government’s Economic Record

Nairobi: National Treasury and Economic Planning Cabinet Secretary John Mbadi has challenged political leaders and the media to scrutinise the Government’s economic record using verifiable data as Kenya prepares for the 2027 General Election. Mbadi defended the Government’s performance, citing gains in agriculture, infrastructure, healthcare, debt management, and foreign exchange as evidence of progress since President William Ruto assumed office.

According to Kenya News Agency, Mbadi urged journalists to subject political claims to rigorous scrutiny and independently verify statements made by politicians during the election period. He emphasized that politicians should not be allowed to make unsubstantiated claims without facing thorough investigation.

Mbadi highlighted the reduction of fertiliser prices to Sh2,500 and increased distribution of the farm input as some of the Government’s achievements, alongside increased tea and milk production and expansion of acreage under food and edible-oil crops. He also noted progress in managing the country’s foreign exchange position and meeting international debt obligations, including the repurchase of a 900-million-dollar Eurobond due in 2027.

Moreover, the CS pointed to improvements in the country’s debt-to-GDP ratio and increased registration under the Social Health Authority compared with the former National Hospital Insurance Fund. On infrastructure, Mbadi mentioned the completion of 2,665 kilometres of roads over the past four years, with additional projects underway.

Mbadi dismissed claims that the administration had failed to deliver on its development agenda, urging critics to differentiate between political arguments and measurable economic performance. He stated that some individuals deserve recognition for their efforts in stabilizing the Kenyan economy.

Addressing the impact of the ongoing conflict in the Middle East on fuel prices, Mbadi explained that the Government was balancing the need to raise tax revenue against the risk of fuelling inflation. He mentioned that the Government was exploring additional funding sources to cushion consumers and potentially subsidise petroleum products if necessary.

On proposed income tax and PAYE reforms, Mbadi indicated that the Treasury was conducting public consultations before preparing amendments to the tax laws. Proposals from Kenyans and stakeholders, including the banking sector, would be considered before presenting amendments to Parliament.

Mbadi also announced that Kenya would begin public consultations on the country’s next long-term development blueprint, Vision 2060, as Vision 2030 approaches its conclusion. He emphasized that Vision 2060 should not be seen as President Ruto’s personal project, as its implementation would extend beyond the current administration.

He encouraged Kenyans to participate in the consultations and present ideas on the country’s long-term development, stating that a team led by Prof. Anyang’ Nyong’o and an international consultant had prepared a framework to guide the process and inform the development of Vision 2060.