Kenyans will be voting for a new president on 9 August, with the incumbent President Uhuru Kenyatta completing his second and last 5-year term. In the nearly 10 years of Kenyatta’s government, Kenya has emerged as one of the most indebted countries in Africa. When Kenyatta came to power in 2013, public debt stood at 42% of GDP. It’s today at 72% of GDP and growing.Â
The big infrastructure debts were justified as transformative in creating jobs and boosting the economy in the long run. Corruption around funds borrowed for these projects as well as those for Covid-19 cushion programs means the country has nothing to show for it.
It’s this reality of lost income for many that has shaped the 2022 elections, with prospective candidates campaigning on a promise of an economic turnaround. Of these, the front runners are the deputy president William Ruto who fell out with the president and Raila Odinga the official opposition leader who since 2018 has been working hand in hand with Kenyatta.
Kenya has a recent history of violent and contested polls, which will definitely make this one of the most intensely following elections.