President William Ruto Has Stated That He Has Capped The Total Amount Of Borrowing In The 2023/24 Financial Year Budget At Sh600 Billion. He, However, Said The Borrowings Will Be At A Slower Rate Unlike It Was During Former President Uhuru Kenyatta's Administration. Defending His Move To Take Loans Which Currently Stands At Sh137 Billion In The Last Three Months, Ruto Said He Is Not Going To Be Distracted By Anyone. He Observed That When He Took To Power He Made A Resolve To Have The Total Borrowings Reduced From Sh900 Billion.

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