Kenya: Ruto Says He Will Stop Govt Borrowing to Control Spiraling Public Debt

26 July 2022
Capital FM (Nairobi)
By Njoki Kihiu

Nairobi — Deputy President William Ruto now says if elected as the fifth President of Kenya come August 9 General Election, his government will put brakes on borrowing in order to control the spiraling public debt.

Speaking during the Presidential debate at the Catholic University of Eastern Africa (CUEA) on Tuesday, the United Democratic Alliance (UDA) presidential flag bearer stated that his hustler government will further cut on unbudgeted spending.

"My government will stop further borrowing and halt unbudgeted spending which has caused a crisis in this government," he said in the debate in which he was alone after his main challenger in the election Raila Odinga of the Azimio La Umoja kept off and pledged to host a town hall meeting on Thursday.

Read the original article on Capital FM.

Tagged:
Copyright © 2022 Capital FM. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.