Elgeyo-Marakwet Senator Kipchumba Murkomen on Monday, October 12 called the contentious relationship between President Uhuru Kenyatta and Deputy President William Ruto as a “political joke”.
Through his post on Twitter, Murkomen alleged that the political differences between President Uhuru and DP Ruto could accelerate the country’s economic decline.
President fighting his Deputy isn’t merely a Jubilee political joke. In international business terms that’s called political risk. It’s terrible.Being a nation that has borrowed heavily,the Shilling will keep falling& we shall pay heavily.Investors are already on wait&see state
— KIPCHUMBA MURKOMEN, E.G.H (@kipmurkomen) October 12, 2020
Murkomen mentioned that Kenyans will pay heavily for that, as investors are on a ‘wait and see’ state before they make any decisions to invest in the country.
“President fighting his Deputy isn’t merely a Jubilee political joke. In international business terms that’s called political risk. It’s terrible. Being a nation that has borrowed heavily, the Shilling will keep falling and we shall pay heavily. Investors are already on wait and see state,” read the tweet.
The tweet follows President Uhuru Kenyatta asking for forgiveness during the national prayer breakfast at State House in Nairobi on Saturday, October 10 where his deputy had also attended.
“If I have wronged you, I ask that you forgive me. And if you have wronged me, I forgive you. That is the only way we can move forward,” the President told his audience.
Murkomen’s sentiments come when the country is continuously increasing its debt load. Recent data from the Central Bank of Kenya (CBK) showed the total public debt in the financial year ending June 30 spiralling upwards by Ksh840.9 billion to Ksh6.65 trillion, almost 300 per cent more than where the current administration picked up from the Kibaki government.
With the debt cap recently raised to Ksh9 trillion (3 trillion above the GDP), President Uhuru has the green light to borrow up to Ksh3 trillion before the end of his tenure.
Kenya recently received credit through a Ksh 17.91 billion loan agreement with France and the European Union, with the deal directed to development projects such as opening up rural areas, public transport, emergency health response and access to water and sanitation services.
Murkomen was also quoted stating that the president will be remembered by how he treated Kenyans and that a huge chunk of his legacy will be about his public covenant with Ruto and how he has “mistreated” him.
“We are still wondering what is this one sin that washes away all the good things Ruto has done for the president. For four elections he stood with Uhuru, is he really worth that?” said Murkomen in a past TV interview.
The Elgeyo-Marakwet Senator has not been shy in crediting Ruto for the success of Uhuru in scooping the presidency.
“Without Ruto, Uhuru would not even have been an opposition leader, forget the presidency, he would not have won, he would be the one being mistreated now, out of government,” said Murkomen.