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Ruto's broken promise as local debt now to hit a record Sh1tn

President William Ruto delivers his State of the Nation Address at the Parliament plenary,Nairobi. November 21st,2024. [FILE,Standard]

On a bright September morning in 2022, newly sworn-in President William Ruto stood before Parliament and made a promise  that resonated with a nation weary of debt.

“The government should never borrow to finance recurrent expenditure,” he declared, referring to the day-to-day spending on salaries, operations, and maintenance.

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