Thursday, July 25, 2024

We have stabilized the economy and debts cannot threaten us, Ruto

President William Ruto has confirmed that they have stabilized the economy and the issue of debt will no longer threaten them as a government.

The Head of State was speaking during a Sunday service in Taita Taveta where he said that they have been working hard for the last eight months to ensure that the economy has been stabilized.

“I have held many meetings with World Bank, IMF and others whom we have borrowed money from but I want to confirm to the people of Kenya that we have stabilized the economy and now we cannot be threatened by debts again. What I cannot allow is to have our country keep on borrowing left right centre,” said President William Ruto

He continued by saying that moving forward the government will rely on local revenue as he urged Kenyans to embrace the new tax proposal meant to save the country.

“We will collect tax here at home. And those remitting their tax will be led by me, I will be at the forefront. We are looking for that tax so that we run our country on our own resources.

“And if it is possible for us to do it, we must do it because that is a sustainable way of taking Kenya into the future so that we strategize on our plans knowing where we will get the money.” he said

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