Government’s new funding model is just what Kenya needs

Ordinarily, governments finance development in one of these two ways: Taxing citizens in fulfillment of their civic obligations or by borrowing when revenues fall short, most often, to pay for big-ticket infrastructure projects.

In Kenya, however, public borrowing has too often strayed from both prudence and the law which restricts such debt to development purposes. The result today is widespread hardship; a burden of debt accumulated in the name of investment yet yielding little of the growth or returns that were promised. Further, at Sh12 trillion presently, the country has reached its debt ceiling and no longer has the wriggle room for additional borrowing.

.fade-out-overlay {
position: absolute;
top: -80px;
left: 0;
width: 100%;
height: 60px;
z-index: 1;
background: linear-gradient(to bottom, rgba(255, 255, 255, 0), rgba(255, 255, 255, 1));
}

.paywall-container {
position: relative;
max-width: 100%;
margin: 0 auto;
padding: 25px;
border: 1px solid #e0e0e0;
border-radius: 8px;
box-shadow: 0 2px 10px rgba(0, 0, 0, 0.1);
background-color: #ffffff;
}

.paywall-header {
font-size: 24px;
font-weight: bold;
margin-bottom: 15px;
color: #333333;
text-align: center;
}

.price-highlight {
font-size: 20px;
font-weight: bold;
color: #d40511;
margin: 15px 0;
text-align: center;
}

.subscribe-button-green {
width: 70%;
padding: 12px;
background-color: #EE193A !important;
color: white;
border: none;
border-radius: 4px;
font-size: 23px;
font-weight: bold;
cursor: pointer;
margin-bottom: 20px;
transition: background-color 0.3s;
text-decoration: none;
text-align: center;
}

.subscribe-button-green:hover {
background-color: #b0030e;
}

.features-list {
margin: 20px 0;
padding-left: 20px;
list-style: none;
}

.features-list li {
margin-bottom: 10px;
position: relative;
padding-left: 25px;
}

.features-list li:before {
content: “✓”;
color: #d40511;
position: absolute;
left: 0;
font-weight: bold;
}

.countdown {
display: flex;
gap: 15px;
justify-content: center;
margin: 20px auto;
text-align: center;
}

.countdown div {
background: #f5f5f5;
padding: 10px;
border-radius: 6px;
min-width: 60px;
}

.countdown .num {
font-size: 22px;
font-weight: bold;
color: #d40511;
}

.countdown .label {
font-size: 12px;
color: #555;
}

@media (max-width: 768px) {
.subscribe-button-green {
width: 100% !important;
box-sizing: border-box;
}
}

Bold Journalism Builds Kenya. Stand With Credible Reporting

Stand With Bold Journalism 》

Unlimited access to all premium content
Uninterrupted ad-free browsing experience
Mobile-optimized reading experience
Weekly Newsletters
MPesa, Airtel Money and Cards accepted

Already a subscriber? Log in

`;
} else {
teaserEl.innerHTML = “”;
}

activeEl.innerHTML = “”;
paywallEl.style.display = “block”;

} else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = "none"; var diffToEnd = saleEnd - now; var totalSeconds = Math.floor(diffToEnd / 1000); var days = Math.floor(totalSeconds / (24 * 3600)); var hours = Math.floor((totalSeconds % (24 * 3600)) / 3600); var minutes = Math.floor((totalSeconds % 3600) / 60); var seconds = totalSeconds % 60; activeEl.innerHTML = `

Offer ends in…

${days}Days
${String(hours).padStart(2,’0′)}Hours
${String(minutes).padStart(2,’0′)}Minutes
${String(seconds).padStart(2,’0′)}Seconds

Subscribe Now & Save

`;
} else {
teaserEl.innerHTML = “”;
activeEl.innerHTML = “”;
paywallEl.style.display = “block”;
}
}

function formatTime(ms) {
let totalSeconds = Math.floor(ms / 1000);
const days = Math.floor(totalSeconds / (3600 * 24));
totalSeconds %= 3600 * 24;
const hours = Math.floor(totalSeconds / 3600);
totalSeconds %= 3600;
const minutes = Math.floor(totalSeconds / 60);
const seconds = totalSeconds % 60;
return `${days}d ${hours}h ${minutes}m ${seconds}s`;
}

updateFlashSale();
setInterval(updateFlashSale, 1000);

Follow The Standard
channel
on WhatsApp