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  • 3 years ago
President William Ruto on Wednesday said that Kenya is no longer on the list of countries that run the risk of debt default.

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00:00 It is necessary for us to inform the country where we stand today,
00:05 especially after the anxiety of the last one year,
00:11 where many in the international community were worried about Kenya's position
00:20 and Kenya's financial ability to manage our situation,
00:27 including our debt situation. I can now confidently say
00:34 Kenya is no longer in the list of the countries
00:38 that run the risk of debt default, thanks to the collective
00:46 effort that has been done by my team at the Treasury
00:50 and by the whole of government approach that has seen us cut down
00:57 on many aspects of spending. Make sure that we reduce the accumulation
01:05 of expensive debt and put the country on a trajectory of
01:11 living within our means.
01:16 Thank you.
01:18 [BLANK_AUDIO]
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