Budget and Appropriations Committee Chairman Samuel Atandi and Kiharu MP Ndindi Nyoro have taken to social media to respond to President’s Ruto First World Status dream in what seems to be a “Predecessor Vs Successor” war of words.
Atandi, who also serves as the Alego Usonga Constituency MP through his X account hit out at Ndindi Nyoro for criticising the government’s borrowing, accusing Nyoro, who served also served as the Budget and Appropriations Committee Chairman, of borrowing KShs 2.74 Trillion in three financial years.
Ndindi Nyoro in response accused the government of excessive borrowing, noting the newly introduced fund was 90% about borrowing more off the book.
PREVIOUS LOANS
“Fellow compatriots, it is important that we get involved at least by keenly following what is happening in our Country. High appetite of debt will definitely hurt our economy in the future. Our economy cannot afford to borrow Ksh 1.25 Trillion per year”, Ndindi wrote.
On 15th December 2025, Ndindi revealed that the country had borrowed nearly KShs 4 Trillion from August 2022, revealing there was more borrowing to pay previous loans.
Ndindi argues that the money borrowed should go directly to capital expenditure which is development. He questioned the government over how the KShs 4 Trillion has been used.
“The KShs 4 Trillion that has been borrowed is enough to make education free, both basic and tertiary. Even if we divide to the 290 constituencies, we should be having KShs 12 billion worth of development”, he said.
INFRASTRUCTURE FUND
Cabinet approved the establishment of a Ksh5 trillion National Infrastructure Fund and Sovereign Wealth Fund to mobilise and allocate capital into infrastructure projects.
The National Infrastructure Fund is approved as a limited liability company and will be used as a central engine for aligning the administration’s financial resources with national development priorities.
The two funds, according to the government will use creative financing by tapping into domestic resources, selling mature public assets, and deploying national savings. They will also attract foreign investors through capital markets.
