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Originally published by Capital Businessbusiness
June 30, 2025
2mo ago
Ruto pushes for global debt reform at FfD4 Summit in Spain
NAIROBI, Kenya, June 30 – President William Ruto has called for urgent reforms to the global financial system, urging world leaders to reframe public debt Kenya breaking news | Kenya news today |..
✨ Key Highlights
President William Ruto has urged for urgent reforms in the global financial system during the Fourth International Conference on Financing for Development (FfD4) in Seville, Spain.
- Ruto emphasizes the need for public debt to be viewed as a tool for development, not a burden.
- Kenya, Colombia, France, and Germany co-led an Independent Expert Review on Debt, Nature, and Climate.
- The President advocates for reform in international financial institutions like the IMF and supports rechanneling of Special Drawing Rights (SDRs).
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