Government spokesperson Eric Kiraithe has strongly defended the Jubilee government foreign borrowing record.

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Kiraithe says that Kenyans should not worry since the borrowing is meant for development expenditure.

Speaking on Citizen TV's Day Break on Thursday, Kiraithe dismissed claims that the government is engaging in shylock activities.

"I want to assure Kenyans that government is not engaged in some 'shylocking game'. We have a debt that has been well analyzed. We have the capacity to pay," the Government spokesperson said.

Kiraithe said that proper measures have been put in place to ensure borrowed money is not swindled through corruption.

"There is only one thing for Kenyans to fear, corruption, but if the money we are borrowing is put to good use, we shall have a better economy and an improved standard of life," Kiraithe added.

Kiraithe also defended Kenya's bilateral relationship with China.

"We cannot be getting bilateral support from China and give nothing back. That is not how international relations work," he said.

President Uhuru Kenyatta and opposition leader Raila Odinga are in China for for the Sh368 billion Standard Gaugae Railway (SGR) loamloan deliberations.

If granted, the loan will be used to finance the SGR from Naivasha to Kisumu.