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Originally published by KBC County NewsSeptember 23, 2026
8h ago
Ruto warns public debt, unfair global financial system threatens children welfare
The international financial architecture has failed the welfare of the world’s children, President William Ruto has said. The President regretted that public debt, as a result of an unfair global financial system, becomes a children’s rights issue when interest payments crowd..
✨ Key Highlights
President William Ruto has warned that the international financial system is failing the world's children, with public debt and unfair global financial structures hindering investment in essential services.
- At least 46 developing countries now spend more on debt interest than on health or education.
- President William Ruto made these remarks at a UNICEF-hosted event on the sidelines of the UN General Assembly in New York.
- He proposed placing children at the centre of debt sustainability assessments, arguing that countries should be evaluated on their ability to provide for their citizens, not just their creditors.
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