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Updates: Kalonzo Issues a Statement Reacting to President William Ruto's Thursday Address

Former vice President Kalonzo Musyoka has issued a statement a day after His Excellency the Head of State president William Ruto issued his inaugural address to the nation from parliament.

In his statement, Kalonzo Musyoka has noted that it is time that the Kenya Kwanza government settles down to deliver on the mandate that they have promised Kenyans in their manifesto.

Kalonzo Musyoka, "It is now our duty to remind this administration of their campaign promises. Actions speak louder than words as they say. It can never be promises after promises after promises"

Kalonzo Musyoka also noted that the Ruto administration has promised itself into power by exploiting the sorry economic hardships facing our people with the use of the hustler narrative that has assured us of paradise.

President William Ruto yesterday Thursday announced the financial strategies that can save this nation from the dire economic situation that is affecting Kenyans.

Among those plans that deserve sincere support is the order to reduce the budgets of ministries and government departments to save approximately Sh300 billion which are usually allocated for non-essential expenses.

In addition, the President has promised to reduce the amount borrowed, especially from international organizations, and instead devise a new policy that encourages Kenyans to save more so that they can be self-reliant both personally and nationally.

The reserve, which is the National Security Fund (NSSF), will enable the government to borrow money in the country and invest and then repay it with interest.

In order to attract Kenyans to love saving habits, President Ruto said that his government will be adding Sh1 for every Sh2 that a citizen will be putting into the NSSF.

A day before, Dr Ruto seemed to start implementing his system of economic development starting from the lower class known as Bottom-Up.

This is after agreeing with banks and other financial organizations including the communication company Safaricom to relax the terms of borrowing money.

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Kalonzo Kalonzo Musyoka Ruto William William Ruto

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