Kenya to settle Sh45 billion Eurobound debt in December, says Ruto

President William Ruto delivers the State of the Nation address at the Parliament Chambers, Nairobi on November 9,2023. [Elvis Ogina, Standard]

The government will settle the first installment of USD300 million (Sh45 billion) Eurobond debt in December, President William Ruto has said.

The president made the announcement while delivering his first State of the Nation (SOTN) address since assuming office in September last year.