- President Ruto announces revised borrowing plan following widespread protests
- Shelving of Finance Bill 2024 leads to increased borrowing and budget cuts
Nairobi, Kenya – Kenya’s President William Ruto announced that the East African nation will revise its borrowing for the financial year 2024/2025 to approximately KES1 trillion. This decision follows widespread street protests that forced his administration to abandon new tax proposals initially expected to raise additional revenue.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
