CS Mbadi: “I Will Remain Loyal to Ruto”

National Treasury Cabinet Secretary John Mbadi pledged to prioritize results over political debates and address critical financial challenges. Speaking at a stakeholders’ meeting in Ndhiwa, Homa Bay County, Mbadi highlighted the trust President William Ruto placed in him by appointing him to lead the Treasury docket, emphasizing his commitment to fulfilling this mandate.

Mbadi underscored his focus on fixing economic issues rather than engaging in political campaigns, stating, “My role is to deliver results, not to campaign for another term for the President at this point.” He affirmed his dedication to stabilizing the economy before seeking public support for continued governance.

Highlighting key financial achievements, Mbadi noted significant progress in reducing Kenya’s budget deficit from 8.1% of GDP under the previous administration to 4.3% currently, with a target of below 3% in two years. He also reported currency stabilization, with the Kenyan shilling strengthening from Sh160 to Sh129 against the US dollar, and a 1.5% reduction in government borrowing since taking office.