Mudavadi insists fixing economy is vital; cites belief in a free market economy

ANC party leader Musalia Mudavadi
ANC party leader Musalia Mudavadi

ANC leader Musalia Mudavadi has said the BBI report won’t solve issues facing Kenya, but fixing the economy will solve the problems. Speaking during a TV interview, Mudavadi said leaders in Kenya should focus on the hurting economy, “Let us stop the hemorrhage that is going on…we will be taken in circles. If everybody is thinking the BBI is the silver bullet, we are missing the point,” he said.

He said once a country’s economy is brought down then it’s hard to bring it up again, “The government operates from revenue in the country, if you have a growing economy your tax base broadens and the burden will be minimized. Unfortunately what is happening is that we seem to be shrinking the economy at this time, that’s why we have so much pressure to look for revenue even (look for it) from the smallest person, whether it’s the mama mboga or someone else,” he said, adding that huge public debt and big projects have contributed to the dire economic state.

He emphasized his belief in a free market economy that is run responsibly and has regulatory institutions that function responsibly, “I would not in anyway tell Kenyans that we go back to a command economy. Any attempts to take Kenyans there will take Kenyans to trouble,” he noted. Moreover, he said a referendum will be required if fundamental structural changes are to be made in the leadership system, “If you are going to make fundamental changes to the constitution, there is only one way up…. If you want to change the executive there is no way you can do it without a referendum, if you want to change the operations of parliament, there is now way you are going to do it without a referendum.”