China has refused to fund the planned $3.7bn extension from Rift Valley town of Naivasha to the Ugandan border town of MalabaKenya's President Uhuru Kenyatta launches the rail line linking Nairobi and Naivasha, at the Nairobi Terminus in Nairobi, Kenya, October 16 2019. Picture: REUTERS/THOMAS MUKOYA
infrastructure projects that improve land and maritime trade routes between China and Europe, Asia and Africa. In April, China refused to fund the planned $3.7bn extension from Naivasha to the Ugandan border town of Malaba. “Those who think they will take us backwards, they should leave Kenya and look for another country,” Kenyatta said as he opened the new railway.
“It is full of big potholes and we have even lost some lives as cars and motorbikes swerve to avoid the holes.” Government borrowing has been ramped up to fund the railway and other projects such as roads. Total public debt stands at about 55% of GDP, up from 42% when Kenyatta took power in 2013.Last week, parliament raised the government’s debt ceiling to 9-trillion shillings after it came close to hitting the earlier limit of 6-trillion shillings.
Corruption runs deep. Kenya. China taking what they can get.
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