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Home » News » Gov’t used funds meant for Counties to pay Eurobond debt – President Ruto

Gov’t used funds meant for Counties to pay Eurobond debt – President Ruto

Last updated: February 16, 2024 2:52 pm
2 years ago
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Kenya to terminate G2G Oil Deal, Admits Failure To Fix Unstable Shilling-Dollar Rate
President William Ruto
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President William Ruto admitted on Thursday to delaying the much-needed funds allocated to the counties, attributing the delay to pressures from Eurobond debt payments and increased allocations to the Ministry of Education for the rollout of Junior Secondary Schools.

During his Mt. Kenya tour, Ruto launched projects in Murang’a and Nyeri counties, where he assured residents that all development projects initiated by his predecessor would be completed.

“Si unajua last week nilikuwa nalipa ile deni kubwa niliachiwa na watu wa handshake, lakini sasa nimelipa hiyo,” he said.

“Hawa gavana wananiambia hakuna pesa imechelewa lakini nimwewaambia kwanza nicheleweshe yenu kidogo nihakikishe watoto wote wako shuleni secondary, tumetuma capitation huko TVETs na tumetuma huko university ndio sababu watoto waweze kusoma.”

Ruto pledged to release the funds within a week and advocated for his pet project, affordable housing, as part of his strategy to reduce unemployment.

Assuring the region of his commitment, Ruto promised to complete all projects initiated by his predecessor, Uhuru Kenyatta.

Ruto concluded by addressing Central Kenya residents, expressing optimism about the economy’s recovery and assuring them of development projects.

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