President William Ruto has launched a plan that will tackle the economic growth challenges related to urban land use and transport planning in the Nairobi metropolitan.
Referred to as the Kenya Urban Mobility and Growth Threshold Programme, the initiative aims to benefit more than 4.3 million people.
“This programme is about delivering results and unlocking greater opportunities for Kenyans,” said President Ruto.
The Millennium Challenge Corporation CEO Alice Albright was present in the event that took place on Thursday in Washington, D.C.
“This is an exciting milestone in the growing partnership between Kenya and the United States,” explained President Ruto.
President Ruto Holds Talks With Former U.S. President Obama
On Thursday, the President held talks with former U.S. President Barack Obama in Washington, D.C.
The two leaders exchanged views on democratic developments, climate and peace and security challenges in Africa.
President Ruto termed it a “productive engagement”.
“We reviewed opportunities available to Africa’s young and dynamic demographic in tech, innovation, higher and technical education,” said President Ruto.
They also exchanged ideas on how Kenya and Africa can leverage U.S. institutions and technological capacity to advance its interests.
President Ruto Asks U.S. To Increase Concessional Financing
Meanwhile, President William Ruto has asked the United States of America to spearhead a plan that will get countries out of debt distress.
He said the U.S. should double its contribution to available concessional financing under the World Bank’s IDA programme. This, he noted, will go a long way in tackling global challenges that divert resources from development to debt.
He spoke on Thursday during a joint press conference with his host President Joe Biden at the White House.
President Biden said the U.S. will champion reforms of the global financial system.
“Failing to do so immediately places freedom, democracy and security under threat,” said President Biden.
