Kenyans living abroad have been urged to invest in Treasury bonds and bills.
Deputy President Rigathi Gachagua said the government has made it easier for them to buy the bonds as he assured them of the security of their investment and better interests.
“The safest way to invest money in Kenya is through government bonds and bills. They are the surest way of ever investing back home because they are backed by the government’s security and the interest rates are very good,” he said.
Gachagua was speaking Tuesday evening in Brussels during an interactive session with Kenyans living in Belgium.
From this investment, the DP said, Kenyans will earn the interest the government is presently paying foreign lenders for their money.
The DP is in Belgium to represent President William Ruto during the Gateway Summit hosted by the European Commission.
He further encouraged them to invest in the affordable housing programme, a flagship project of the Kenya Kwanza, saying the houses are affordable and are being built in areas with good infrastructure.
“I want to invite you to take a keen interest in the affordable housing programme. These houses are being put up on government land with the government providing the infrastructure. The units are affordable because there is no extra cost for land, road, electricity,” he said.
Gachagua assured the Kenyans that the Ruto administration was keen on closely working with the diaspora community, pointing to the creation of the State Department of Diaspora Affairs as an indication of the seriousness the government took in their interests.
“The Diaspora nation is critical to the Ruto administration. It is exactly why the President established the State Department of Diaspora Affairs to closely work with you in addressing your issues and unlocking your investment potential,” he said.
