International financial institutions must end discrimination, President Ruto
- Published By Jedida Barasa For The Statesman Digital
- 1 year ago
President William Ruto has said the current development financing is deficient and dotted with discrimination.
He noted that the prevalent unfairness has exacerbated the vulnerability of the majority of humanity.
President William Ruto was speaking on Monday at the UN Complex in Nairobi during the opening of the Second Session of the United Nations Habitat Assembly.
The Head of State called for the correction of “this systemic injustice” for effective achievement of Sustainable Development Goals.
“The change will also effectively mobilise multilateralism to achieve global net-zero emissions and avert a climate catastrophe.”
He told the Assembly that sufficient and affordable financing will enable countries promote economic transformation, climate action and sustainable development.
President Ruto said Kenya was committed to offering decent housing to its citizens as the move is critical to the achievement of sustainable urbanisation.
“We have integrated Universal Housing as a critical pillar of the Bottom-Up Economic Transformation agenda,” he explained.
He said it was urgent to strengthen the UN-Habitat to support member States in advancing sustainable urbanisation and human settlement.
Later, President Ruto met Egypt’s Minister for Housing, Utilities and Urban Communities Dr Assen El-Gazzar and Malaysia’s Minister of Local Government Development Hono Nga Kor Ming.
The two expressed their countries willingness to support Kenya navigate the affordable housing and slum upgrading agenda.
They said President Abdel Khalil el-Sisiel-Sisi (Egypt) and Prime Minister Anwar Ibrahim (Malaysia) had expressed willingness to share their experience and best practice in the housing scheme.
Share on
SHARE YOUR COMMENT
MORE STORIES FOR YOU
Trending Stories
DJ Mo’s former illicit lo...
- Published By Jane
- January 15, 2024
Mapenzi! Zari and Tanasha...
- Published By Jane
- October 24, 2023
Zuchu Speaks on Diamond P...
- Published By Jane
- October 12, 2023
Hio Ni Upumbavu Wasituche...
- Published By Jane
- November 8, 2023
RECOMMENDED FOR YOU
CBK Report: What Kenyan B...
- Published By Jane
- September 12, 2024
Apple launches iPhone 16...
- Published By Jane
- September 12, 2024
I love teasing my boyfrie...
- Published By Jane
- September 12, 2024
The nailing wonder truth
- Published By Jane
- September 12, 2024
Latest Stories
KRA boss given 7 days to...
- Published By Jedida
- October 5, 2024
Report reveals Kenya took...
- Published By Jedida
- October 5, 2024
WHO issues alert to the M...
- Published By Jedida
- October 5, 2024
Car financing provider Mo...
- Published By Jedida
- October 5, 2024