Eurobond cash is safe, William Ruto says

DP William Ruto and Kwale Governor Salim Mvurya join traditional dancers during the opening of a police station in Vigurugani, Kinango constituency, on October 30,2015. PHOTO | DPPS 

In Summary

• Mr Ruto said the country’s economy is strong despite claims that the State is in a crisis.
• He lauded cooperation between residents and law enforcers, saying it had led to improved security in the coastal region.

By DPPS
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Deputy President William Ruto has assured Kenyans that the government can account for proceeds from the Eurobond.

“No government can misappropriate Eurobond money or those from hard-earned taxes.

“I want to assure Kenyans that their money is safe. We have put the money into good use,” he said.

He said there should be no cause for alarm as the government can account for every cent spent on development.

“We can count for every cent used in (the) development of this country and those who do not understand the economic dynamics should give us a break,” said Mr Ruto.

Mr Ruto said the country’s economy is strong despite the cash crunch.

He said internationally recognised institutions such as the International Monetary Fund and the World Bank have given Kenya’s economy a clean bill of health.

He described those saying the country’s economic situation is headed in the wrong direction as “laymen in matters of (the) economy”.

“Such leaders have no economic capacity or knowledge to claim that the country’s economic situation is headed in the wrong direction,” said the Deputy President, who is on a tour of Kwale and Kilifi counties.

On terrorism, Mr Ruto lauded residents for cooperating with law enforcers in fighting insecurity in the coastal region.

“It is (impressive) that acts of terrorism in this region have reduced because of cooperation between police and wananchi in identifying those undermining peace efforts,” said Mr Ruto.