DP Rigathi Gachagua confesses that the treasury has no money for salaries nor development

 

DP Rigathi Gachagua on state of economy

DP Rigathi Gachagua has verified rumours that his administration is having trouble making wage payments to its employees.

Rigathi said that the financial problems the country is having have affected the counties when he spoke at a church service in the Mathira Constituency on Sunday.

"It is true that we have difficulties making payments to governors and paying wages. The handshake government borrowed money left, right, and centre because it had split this nation apart. We must pay this money since we constitute a competent government," he continued.

Gachagua continued, saying that some of the money borrowed had matured last week and required payment.

"The money we brought in over the past two weeks was enough to settle the debts." Salaries and other expenses will be covered by the money we are collecting this week," he said.

Gachagua maintained his prior claim that Ruto's administration "inherited an empty treasury and a crumbling economy."

Gachagua supported President William Ruto's administration, claiming that the entire infrastructure needed to be rebuilt from scratch since money had been embezzled during previous President Uhuru Kenyatta's administration.

"We are in a terrible position; we did not borrow the money, but we must pay since Kenya is responsible for it." "Even if he did not cause them, William Ruto cannot escape those obligations," Gachagua reminded his hometown's congregation.

The funding crunch has prevented many government officials from receiving their March salaries, including legislators.

David Ndii, who is in charge of President William Ruto's Council of Economic Advisers, says that this is because the country has so much debt.

Which would you prefer, a haircut on your bank deposits or a delay in payments? I'm referring to the weekly maturities of domestic debt held by your banks and pension funds (80% of debt service).

On Saturday, Ndii challenged Twitter users by stating that one of the administration's alternatives may be to lay off employees.

Rigathi also revealed that he and President William Ruto have not been paid their salaries of February and March 2023.