{"id":40961,"date":"2021-12-06T16:13:39","date_gmt":"2021-12-06T16:13:39","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=40961"},"modified":"2021-12-06T15:02:50","modified_gmt":"2021-12-06T15:02:50","slug":"wanjigi-trashes-uhurus-performance-as-bonoko-economics","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics","title":{"rendered":"Wanjigi Trashes Uhuru’s Performance as Bonoko Economics"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Businessman cum politician Jimi Wanjigi has cast aspersion on economic figures presented by President Uhuru Kenyatta during his State of The Nation Address terming it as \u201cbonoko economics.\u201d<\/p>\n

In a statement, Wanjigi says that, the figure given by the President in the SOTN address that the Kibaki economy grew to Ksh4.7 trillion, was wrong, going by what is publicly available on the Central Bank of Kenya website.<\/p>\n

\u201c\u201cAnybody can Google it and find that the economy under Kibaki grew to Ksh6.7 trillion. We want facts Mr President, however harsh. Not dreams and fantasies. We want the truth. We know the president does not have time to fix it but those who are running for the presidency should not tell Kenyans lies,\u201d he notes.<\/p>\n

President Uhuru Kenyatta in his state of the nation speech had alluded that the economy under his administration had grown from Ksh4.7 trillion in 2013 to Ksh11 trillion current.<\/p>\n

\u201cIn just 8 years my administration has multiplied the GDP by a factor of 2 plus today our GDP stands at Kenya shillings 11 trillion up from the 4.75 trillion. \u201cThe president said in his speech.<\/p>\n

Which according to Wanjigi does not add up, \u201cWhen I heard the President speak and exude a scorecard that is not in tandem with what is in our pockets, I was in shock. I was wondering whether I\u2019m the one who lives in a different world. What he spoke about was \u201cbonoko economics\u201d. Those were not truths,\u201d said Wanjigi.<\/p>\n

Insisting that, \u201cIt is clear that Uhuru has not been able to boost our productivity. It is also true that the cost of living has increased for each one of us. The only thing we can do to save the economy is stop the slide into debt and increase productivity.\u201d<\/p>\n

According to data from the World Bank, Kenya\u2019s economy grew by 5.87 per cent in 2013, and 6.36 per cent in 2018, the highest under the Kenyatta-led administration.<\/p>\n

The data also indicate that 2020 saw the lowest economic growth at -0.377 under the Kenyatta administration, lower than the 2008 post-election economy, which grew by 0.232 per cent.<\/p>\n

Other years that the country\u2019s economy grew in the negative were 1992,1970 and 1961 at, -0.799, – 4.655 and -7.775 respectively.<\/p>\n

Further Wanjigi called on voters to exercise caution in the next election noting that, \u201cWe should be very careful with the choices next year because there are people who have been around for thirty years and more and are now hoodwinking voters.\u201d<\/p>\n

According to analysts, the jubilee administration has been keen on capital intensive projects negating key aspects of economic drivers.<\/p>\n

In his state of the nation address, the president remained bullish that the economy would grow by 6 per cent in 2021 banking on post pandemic recovery.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Businessman cum politician Jimi Wanjigi has cast aspersion on economic figures presented by President Uhuru Kenyatta during his State of The Nation Address terming it as \u201cbonoko economics.\u201d In a statement, Wanjigi says that, the figure given by the President in the SOTN address that the Kibaki economy grew to Ksh4.7 trillion, […]<\/p>\n","protected":false},"author":84,"featured_media":40960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12,16],"tags":[6857,7003,544],"class_list":["post-40961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nWanjigi Trashes Uhuru's Performance as Bonoko Economics - kenya<\/title>\n<meta name=\"description\" content=\"Businessman cum politician Jimi Wanjigi has cast aspersion on economic figures presented by President Uhuru Kenyatta dur ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wanjigi Trashes Uhuru's Performance as Bonoko Economics\" \/>\n<meta property=\"og:description\" content=\"Businessman cum politician Jimi Wanjigi has cast aspersion on economic figures presented by President Uhuru Kenyatta dur ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-06T16:13:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/12\/img-61ae2604cb969.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Wanjigi Trashes Uhuru’s Performance as Bonoko Economics\",\"datePublished\":\"2021-12-06T16:13:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics\"},\"wordCount\":469,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/12\/img-61ae2604cb969.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/wanjigi-trashes-uhurus-performance-as-bonoko-economics\",\"name\":\"Wanjigi Trashes Uhuru's Performance as Bonoko Economics - 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