Kenyans on Friday took to Twitter to express their joy after Kenya was denied a Ksh 368 billion loan that was meant for the extension of the Standard Gauge Railway (SGR) from Naivasha to Kisumu.
President Uhuru Kenyatta, ODM Party Leader Raila Odinga, and top government officials travelled to the Asian country on Tuesday for talks to secure the funds.
However, it seems the talks hit a dead end as the leaders returned to Kenya empty-handed.
Speaking to the media on Saturday, Transport CS James Macharia confirmed that they had not signed the deal with China.
“No, we didn’t sign the deal. We shall first complete connectivity of SGR and the MGR (Metre Gauge Railway) at Naivasha and then rehabilitate the line to Malaba border.
Kenyans took to social media to share their sentiments upon learning that Kenya had been denied the loan.
Most of them were pleased the president had failed to secure the loan. According to them, Kenya should focus on repaying its debts rather than seeking new loans.
Jensen Macharia wrote, ” Loans amounting to those billions have the consent of Kenyan citizens because it’s their burden, shame on this reckless, extravagant and unaccountable government.”