Azimio La Umoja Party Leader Raila Odinga today addressed the media at the Stephen Kalonzo Musyoka command centre said government’s efforts to reduce cost of living through rhetoric has failed terribly with the increase of key commodities prices.
“As the sun set on the first year of Kenya Kwanza, it is clear that no amount of oratory or extravagant claims can hide the harsh fact that we have had an extremely disastrous and difficult one year,” he said.
Raila Odinga warned that the second year of Kenya Kwanza would be much disastrous saying positive economic trajectory cannot be maintained through propaganda. He outlined the increase of fuel and electricity prices will increase inflation in the country arguing that the fertilizer subsidy program will not solve the high cost of living issue.
“No amount of fertilizer will lower the cost of food as long as the cost of fuel is unchecked. Diesel is one of the highest costs in farming. Even if you give the citizen a bag of fertilizer but make it impossible for her to plough an acre of land you have not solved the problem,” Odinga said.
Odinga pointed out that the country’s currency losing a quarter of its value to the US dollar during Ruto’s administration is a betrayal to the electorate. He noted that Kenyan currency which is regarded mighty in the East African region is on a downward trajectory having lost 20 percent of its value against Tanzania and Uganda shilling.
“The fall of the shilling comes with a great price that includes escalated cost of imports including food.The free fall of the shilling is therefore a grand betrayal of the people of Kenya by the Kenya Kwanza regime,” said the ODM leader.
