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County moves to protect the infrastructure bond despite opposition

County moves to protect the infrastructure bond despite opposition
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 By The Mountain Journal Team

The contentious Infrastructure  Bond of Sh1.5 billion sought by the county government of Laikipia will be taken for public participation.

 Laikipia Finance and Economic Executive Murungi Ndai in a circular has organized public consultation forums at the ward level days after the document suffered a defeat at the county assembly.


In a notice, Ndai said in compliance with article 33 of the constitution of Kenya, the county government treasury has scheduled consultative meetings to receive  views from the public, professional groups  and other interested persons .

“The public engagement forums will be conducted from Wednesday June 16th to June 18”, read the notice.

A month ago, Governor Ndiritu Muriithi defended the bond saying it will help inject resources that will be used to fast track development programmes in the county.

“ The bond will support the establishment of water projects, opening of roads among other capital development projects in the county,” said Mr Muriithi.

But in the social media platforms,  the bond has met strong opposition  from the critics of the governor saying the county  will incur huge debts that will affect implementation of development.

You can get in touch with our Newdesk 

ceo@themountainjournal.co.ke

info@themountainjournal.co.ke

themountainjournal@gmail.com

www.themountainjournal.co.ke

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