• Friday, 27 December 2024
Kalonzo: I Was The Man Behind The Success Of 'Kibakinomics', I Have Experience

Kalonzo: I Was The Man Behind The Success Of 'Kibakinomics', I Have Experience

Wiper Party Leader Kalonzo Musyoka has stated that he was the man behind the success of the late President Mwai Kibaki’s economic strategy which he termed as ‘Kibakinomics’.

Kalonzo noted that he steered the growth of the economy considerably during Mwai Kibaki’s regime, where he acted as Vice President.

“I have heard that William Ruto argue that he wants to practice Kibaki-type economics. He forgets that I was Kibaki’s Deputy for five years,” said Kalonzo.

"Who do you think was driving Kibakinomics? I was the Principal assistant to President Kibaki when the economy of this country grew substantially at about 7% of GDP.”

Speaking during an interview with Spice FM on Wednesday, the Wiper Party leader who termed himself as ‘the face of a struggle’ criticized President Ruto for imposing punitive taxes on Kenyans.

He also noted that the taxes are what will bring down the Kenya Kwanza government.

“The taxes do not add up. The taxes are what will drive out President Ruto and Kenya Kwanza home if they do not listen,” warned the Wiper Party leader.

Kalonzo added that if he were elected president his first executive order would be to scrape off the housing levy.

“My first executive order as president would be to do away with the housing tax if I was elected President,” he added.

The former Vice President advised that the way to deal with the national debt does not necessitate overloading Kenyans with taxes.

He added that there should be a conversation to re-negotiate the debt instead. 

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