Ndindi Nyoro to Ruto: Tame your appetite for borrowing to avoid debt crisis
By Wangari Njuguna, October 11, 2025Kiharu Member of Parliament Ndindi Nyoro has urged the government to curb its appetite for borrowing to avoid throwing the country into a debt crisis.
Ndindi claimed that the government has borrowed over Ksh1 trillion in the last eight months, saying this is such a huge debt that it threatens to cripple the country’s economy.
Also Watch: Ndindi Nyoro Blames Government Over Killings, Defends Free Speech
Speaking in Murang’a on Saturday, October 11, 2025, during the 25th-anniversary celebration of the Christian Foundation Fellowship (CFF), Ndindi said this translates into Ksh3.5 billion to Ksh4 billion every day.
“I have been talking about this issue of debt not because I have nothing else to say, but because there is no other critical issue in the country than the appetite for debt,” the MP said.
“I am a very worried Kenyan and leader because this is not about figures; it’s about the foundation of the country,” he added.
Ndindi, who served as the chairperson of the Parliamentary Budget Committee, accused the government of misappropriating funds, saying there is little to show for the money being borrowed.
“Former President, the late Mwai Kibaki, borrowed Ksh1.2 trillion in the ten years he was in office, and we have a lot of projects we can see, like the superhighway. Yet this is the amount the government has borrowed in eight months,” he remarked.
Also Watch: Ndindi Nyoro urges government to cut wasteful spending and prioritise education
Ndindi said the government is using nearly all the revenue collected to repay debts, which he termed unhealthy for the economy.
“Seventy-six per cent of our revenue is going into paying the debts, leaving very little for running the government and implementing projects,” Ndindi remarked.
“That is enough reason for anyone in the government to be concerned that the rate of borrowing will drive the country into a crisis from which we might never recover,” he added.
Further, he said that instead of clearing the old loans, the government took on more expensive loans to repay them, a practice known as refinancing.
“Officers from the National Treasury said they are managing the debts, but that’s not the case,” he added.
He also accused the government of politicising the management of the country’s economic crisis, citing programs such as empowerment forums and the Nyota program, which are being used to distribute money to silence people.
“What we are doing as a country is trying to cure economic problems with political management by giving out positions and money to silence the people,” he added.
“We are lying to ourselves that we are finding a solution to our economy, but in reality, it’s only making things worse,” he said.
Further, he said the government should stop spending so much time and resources managing politics when the biggest problem is our economy, and this is what needs to be addressed.