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President Ruto’s National Address Scheduled for Thursday

Ruto Says Borrowing Sole Solution for Deficit

Kenya’s President William Ruto will make a public address to the citizens on Thursday at 2 p.m. local time (11 GMT), his spokesman said.

Ruto’s spokesperson, Hussein Mohamed, shared the information on official social media handles.

This announcement comes following the President’s plan to cut spending and increase borrowing to fill a nearly $2.7 billion budget gap. This gap was caused by his suspension of planned tax hikes in the face of nationwide demonstrations.

He also said he would make changes within his cabinet soon.

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