JUST IN: President Ruto Promises Inflation Drop, Lower Borrowing Costs for Kenyans 

  President William Ruto has set an ambitious goal to lower Kenya’s inflation rate to below 3% in a bid to ease the high cost of living and reduce borrowing expenses. Speaking at the Banking Industry Inua Biashara SME Exhibition in Nairobi on October 16, Ruto underscored the government’s commitment to economic stability, focusing on predictable exchange rates and creating a favorable climate for investment. “It is my goal that next year, inflation will drop below 3%. As we bring inflation down and lower the cost of living, we will also stabilize exchange rates, making our economy more predictable,” Ruto stated.
The post President Ruto Promises Inflation Drop, Lower Borrowing Costs for Kenyans appeared first on Nairobi Wire. Read More