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MSME Economy
New promises

Initiated

Government pledges to borrow from citizens

  • On 24th December 2023, President William Ruto promised a plan for the Kenyan government to commence borrowing from its citizens’ savings instead of depending on costly external loans.

 

There is no public record of the government borrowing from the savings of Kenyans as opposed to foreign entities.

 

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Mzalendo is a Kenyan non-partisan Parliamentary monitoring organization whose mission is to “promote the realization of open, inclusive, and accountable Parliaments across Kenya and Africa”.
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