President William Ruto’s economic adviser David Ndii has accused the Opposition of sabotaging Kenya Kwanza’s plan to address the country’s debt problem.
Ndii said Opposition leaders, who have threatened to lead mass action following the passing of Finance Bill, 2023, want to derail plans to end the country’s reliance on loans.
"Zambia defaulted. It's in “receivership” basically. It is where we were headed with handshake brothers." Ndii posted on his social media pages.
“We are doing the Finance Bill you are fighting so as not to go there”
In November 2020, Zambia became the first African country to default on its foreign debt during the Covid-19 pandemic.
In its 2021 budget, Zambia allocated more money to debt servicing than the education, health, water, and sanitation sectors combined.
And in March 2023, Zambia published figures on Wednesday showing that its total public debt stock climbed to US$32.8 billion.
Addressing an interdenominational prayer service in Kajiado on Sunday, President William Ruto called on leaders across the divide to unite and work together to transform the nation great.
“Even as you point out what you think should be done better, we must always not intend to sabotage our country,” he said.
Mudavadi said leaders should be responsible citizens and help the President to move the country forward.
He said Opposition leaders should not destroy the country through maandamano because they did not win the presidency.
