Kindiki to Mbadi: Strive to maintain economic stability

Deputy President Kithure Kindiki has asked Treasury Cabinet Secretary John Mbadi to do whatever it will take to maintain the economic stability that the country is currently experiencing.

Speaking on Friday, Kindiki said Mbadi has the support of President William Ruto and all colleagues in Cabinet to strengthen Kenya’s economy.

He insisted that the Treasury CS must not let any of the key economic indicators move from where they currently stand, lest they risk losing everything.

“I want to plead with you my brother CS Mbadi and you know you have the support of the president and all of us your colleagues. Do whatever it takes to make sure the stability and strength of the Kenyan Shilling, interest rates, inflation, cost of fuel and cost of food and essential commodities do not reverse because we will lose everything. That is the foundation,” Kindiki said.

He went on to thank Mbadi and his team at the National Treasury for the good work they have done in stabilizing the country’s macroeconomic situation.

“I want to thank CS Mbadi and his team at Treasury they have done a tremendous job in the last few months to steady and build on what has already been done.”

Kindiki made the remarks when he presided over the opening of the Nyanza International Investment and Development Conference in Kisumu County.

The three-day conference, which kicked off on Thursday and is expected to end on Saturday,

The conference is themed  “Nyanza Rising: Towards Economic Transformation for Socio-Economic Growth and Development".

It brings together more than 600 delegates and dignitaries from various sectors to explore and shape the future of the region’s economic prosperity.

Key stakeholders, including cabinet secretaries, county governors, CEOs, investors, scholars, and the Nyanza Diaspora, to explore investment opportunities and strategies for sustainable development were present.