Why I am happy we have a crisis - Ruto

  • Ruto cited the country’s huge debt as one of the issues Kenyans should reflect on.
  • “In 2013, the country's debt stock was Sh1.8 trillion. In 10 years, it increased five times."

President William Ruto believes the crisis the country is facing could be a blessing in disguise.

Speaking during an engagement with the media at State House, Nairobi, Ruto said the current crisis will help Kenyans talk candidly about the nation's affairs.

“This crisis is a very important reflection point for the country,” he stated.

He cited the country’s huge debt as one of the issues Kenyans should reflect on.

“In 2013, the country's debt stock was Sh1.8 trillion. In 10 years, it increased five times,” he added.

The President noted that the country initiated many development projects over the 10 years but can no longer rely on borrowing.

Provided by SyndiGate Media Inc. (Syndigate.info).

OTHER NEWS

3 hrs ago

Elections in focus as French stocks fall, US yields stay higher

3 hrs ago

Morning Bid: Growth ebbs, curves steepen, Powell in Portugal

3 hrs ago

US Treasury yields boost dollar, Powell speech in focus

3 hrs ago

Polestar posts loss, plans steps to offset tariffs on China-made EVs

3 hrs ago

Linus Kaikai: Glimpse into the life of renowned journalist

3 hrs ago

Ferrari hoping for F1 "sanity check" in British GP

3 hrs ago

Will Bangladesh see more rain over the next few days? Here's what BMD says

3 hrs ago

5 family members attending tournament killed in plane crash

3 hrs ago

EY Kenya reputation at risk after World Bank sanction

3 hrs ago

Shell to pause construction of Dutch biofuels facility

3 hrs ago

1 Top Chip Stock Reporting Massive AI Growth -- Why Isn't the Stock Rising?

3 hrs ago

Transfer: Jose Peseiro linked with Saudi club, Al Riyadh

3 hrs ago

I’m not finished – Pogba clears air on Juventus terminating his contract

3 hrs ago

Kenya ‘Shaken To The Core’ As Death Toll Reaches 40, Fresh Protests Erupt | Ruto Remains Silent

3 hrs ago

NPFL: Rangers, Enyimba battle over Super Eagles goalkeeper

3 hrs ago

EC further cuts grain crop forecast for Romania

3 hrs ago

Forget AMD in 2024: 2 Artificial Intelligence (AI) Stocks to Buy Instead

3 hrs ago

Germany, Poland hold consultations for first time since 2018

3 hrs ago

Get Ready, BMW Just Teased Its Off-Road R 1300 GS Adventure

3 hrs ago

Karen Nyamu leaks fiery chats with Miss Mandi over fake Kortex deal: "Haka kamama kananiblock"

3 hrs ago

Kingibe: FCT not Rivers, Wike can’t decide who becomes Senator – Adeyanju

3 hrs ago

List of 7 African airlines among top 100 airlines in global ranking, 2024

3 hrs ago

‘Google is broken’: how search giant’s algorithm and spam filter changes cost livelihoods

3 hrs ago

AI-generated exam papers go undetected in 94% of cases, study finds

4 hrs ago

Ex-Mercedes F1 engine boss Cowell replaces Whitmarsh as Aston CEO

4 hrs ago

Liverpool man ‘desperate’ to leave given £25m valuation as Slot seeks £65m in player sales

4 hrs ago

Kanyari accepts apology from lady who gifted him CDs in church: "Hatafanya tena"

4 hrs ago

IGP Egbetokun denies lobbying NASS for elongation

4 hrs ago

Romanian detergent producer Misavan launches new EUR 10 million factory

4 hrs ago

Nnamdi Kanu: There was evidence – Lawyer counters court over DSS

4 hrs ago

Chair Exercise to Tone Your Abs & Waist

4 hrs ago

Qatar Airways posts 39% jump in annual profit to record $1.67 billion

4 hrs ago

What you should know about Kenya-EU Economic Partnership as it takes effect

4 hrs ago

Nigeria’s CDS seeks stronger ties with South Africa defence forces

4 hrs ago

Migori: Senior Police officer dies after accidentally shooting self while handing over firearm

4 hrs ago

Euro 2024: It’s not about you, your tears embarrassing – Hamann slams Ronaldo

4 hrs ago

Reuters: U.S. Expected to Approve Over US$300M Defense Package for Taiwan - TaiwanPlus News

4 hrs ago

Forget Nvidia: Prominent Billionaires Are Selling It and Buying These 2 Hypergrowth Stocks Instead

4 hrs ago

Romania’s governing coalition at 49% voting intention in parliamentary elections, new survey shows

4 hrs ago

Nairobi: Empty streets, closed shops with heavy police presence ahead of Gen Z demos