Today, the president of the republic of Kenya, Dr William Samoe Ruto and his wife, Mama Rachel Ruto together with deputy president, Hon Rigathi Gachagua hosted some clergymen at Statehouse garden for a thanksgiving ceremony for being elected in the previous elections. Several leaders mainly from Kenya Kwanza attented this event.
Now, it was during this event in Nairobi where Dr William Ruto broke a secret and told the attendees that the country is not in a good place economically. As seen from the reports, the head of state said that this country is not in a good place as 65% of the collected taxes are being used to pay debts.
Ruto said that the existing loans are in excess such that a small amount of money is being used for development. Ruto had requested the IMF and other money lending bodies to exempt Kenya from paying loans at this time due to bad economic situation.
Content created and supplied by: The-Sky-News (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More