President Ruto Vows to Tackle Kenya’s Sh10.2 Trillion Debt

President William Ruto has reaffirmed his government’s dedication to addressing the nation’s substantial debt, currently standing at Sh10.2 trillion. 

Speaking in Meru county, the president highlighted the imminent threat of the country facing auction due to its inability to settle its national debt owed to international lenders, including the International Monetary Fund.

President Ruto attributed the challenging financial situation to the previous administration’s close engagements with the opposition, asserting that these interactions diverted the government’s attention from its crucial agendas for the benefit of Kenyans. 

“When I assumed office Kenya debt had traveled all the way to New York but my government is committed to clearing all the debt,” he said.

“The reggae brothers played reggae and forgot to pay the nation’s debt,” said Ruto adding that the country’s economy has been struggling as a result of the huge debt.

He emphasized the need for a renewed focus on national priorities.

“I have talked with the IMF, the World Bank and other development partners on how we will settle our country’s debt,” added ruto.

Taking a defensive stance, President Ruto also criticized the opposition for their negative stance on key initiatives, particularly the Affordable Housing project and other development plans aimed at fostering employment within the country. 

Despite facing opposition scrutiny, Ruto remained resolute in his commitment to advancing these projects for the betterment of the nation.

Mocking the opposition’s attempts to hinder his initiatives through planned protests and legal challenges, President Ruto asserted his determination to fulfill his promises to the Kenyan people. He dismissed the opposition’s tactics, underscoring his unwavering dedication to delivering tangible results and progress during his tenure.

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