Handshake is Always an Option, President Ruto's Advisor David Ndii Says
Economist David Ndii says President Ruto may consider a handshake with Azimio la Umoja One Kenya coalition leader Raila Odinga in order to secure stability.
Ndii, who is the Chairperson of Ruto’s Council of Economic Advisors, defended the delays in the payment of salaries for civil servants and the recent appointment of 50 Chief Administrative Secretaries (CASs).
In an engagement with Twitter users on Saturday, Ndii noted that the first obligation of a government is survival and political stability and the “more the dynasties foment destabilization the more we will have to spend on political capital.”
“If push comes to shove handshake is always an option. How much do you think that will cost?” he posed.
Justifying the delays in the disbursement of salaries for civil servants, Ndii indicated that 60% of the revenue collected was going towards servicing debts.
“…It is reported every other day that that debt service is consuming 60 percent plus of revenue. Liquidity crunches come with territory. When maturities bunch up, or revenue falls short, or markets shift, something has to give...salaries or default?” he asked.
He added, “Foreign debt is not the issue. I am talking about weekly maturities of domestic debt held by your banks and pension funds (80% of debt service) which would you rather have, a haircut on your bank deposits or delayed payments?”
Comments
If it comes down to economic…
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If it comes down to economic calculations, then this is blackmail and ransom by Raila. But the issue ought to be democracy and the will of the people. Do we go by the Supreme Court decision or do we go with the whistleblower who remains incognito?
Yah right the president just…
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Yah right the president just hired 50 CAS at a salary of over half a million and apparently the public prayer sessions for rain were also being financed by the tax payer.Your first year and you have already failed ati delayed payments more like the cook eating in the kitchen and then pretending all the food got burnt before serving.Why should you get paid before the lowly civil servant who needs the money more.Another minion behaving like you will not go back to plead for votes in 5 years from the same people you are now stepping on.
Ndii told us Kenya is broke…
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Ndii told us Kenya is broke and does not have money to pay civil servant. They went to honeymoon traveling all over the world.
Nonsense! Sounds like a…
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Nonsense! Sounds like a minion economist! It’s slavery to have people work without pay! If you can’t pay, send them home!!! No servitude!
Why would Ndii spend his…
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Why would Ndii spend his time responding to tweets? Probably he don't understand his position. This kk government who ever join it becomes a blind sycophant.
Go tell Gachagua that…
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Go tell Gachagua that handshake is possible, Ndiii!
What handshake are you…
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What handshake are you talking about, Ndii? The elections were free and fair, and we're eight months down the road. Stop taking Kenyans for ride, old man.
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