Wednesday, July 5, 2017

Prudent debt management tops Kenya's opposition party agenda


 
In Summary
By FRED OLUOCH
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The opposition National Super Alliance (Nasa) promises sustainable borrowing with a budget deficit not exceeding three per cent of GDP. It also proposes to establish an autonomous Public Debt Management Office and empower the auditor-general.
In their seven-point manifesto released on June 27, Nasa principals led by Raila Odinga say they will focus on agriculture — eliminating dependency on rain-fed agriculture by investing in water harvesting and small-scale irrigation; developing a comprehensive national crop and livestock system, and establishing a legislative framework for warehousing receipting to enable farmers to use their crops as collateral for credit.
Under social services, Nasa proposes to offer free education from nursery to secondary level as early as this September. They propose to eliminate the primary school national examination; and expand the Higher Education Loans Board, presently limited to universities, to cover tertiary education.
On health, Nasa has expanded the 2013 promise to establish a national health insurance scheme, looking to establish the National Universal Health Service Fund to promote access to health care.
“Instead of giving money to public hospitals to spend as they wish, Nasa proposes that hospitals will serve patients and bill the Fund,” says the manifesto.
Like its predecessor Coalition on Reforms and Democracy (Cord) in 2013, Nasa has proposed to invest in major infrastructure projects, expanding the Mombasa-Malaba highway into four lanes; developing light railway networks for Nairobi, Mombasa, Nakuru and Kisumu, and a high speed commuter train service for Nairobi.
Besides building a bridge at Likoni to enable crossing over the Indian Ocean through public-private partnership, Nasa promises to establish a National Infrastructure Fund to provide soft, long-term loans for local contractors to compete with international contractors for big jobs.
Nasa has gone big on the war against unlike in 2013 when Cord did not pay much attention on the war against graft.
The Raila Odinga-led team is promising to do away with cartels that supposedly hold the Kenyan governments hostage.
Still, Nasa promises that civil servants and those appointed into management position by a Nasa government will not be allowed to conduct business with government. Appointees must disclose their business interests, and those who go astray must be morally responsible and resign.
“Kenya is turning a new leaf where investors can come without fear of being obstructed by bribes,” said the manifesto.
On poverty and unemployment, Nasa has promised to overhaul the trickle-down economic model that has failed since Independence and increased the number of the poor every year.

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