Hon John Mbadi is a Kenyan politician, he is the current Orange Democratic Movement party chairman, he is a member of national assembly representing Gwassi Constituency and today he was in Citizen TV Kenya where he broke his silence concerning the amount the government borrowed last week.
According to the source, John Mbadi has claimed that last week only the Kenya Kwanza government borrowed ksh. 213 billion. Adding more information he has asked a question on whether the borrowing was translating to the Maadamano effect.
He has admitted that there are some goodies in the Financial Bill 2023 but the bad provisions outweigh the good ones.
He has also reported that the housing fund has changed to a tax.
Here is what the source has reported;
“MP John Mbadi: Last week, we borrowed Ksh.213B… is it still a maandamano effect? The answer is no. Bad provisions in the Finance Bill 2023 outweigh the good ones. The housing fund has now even changed into a tax.” Citizen TV Kenya posted on their official verified Facebook page.
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