Deputy President Kithure Kindiki has outlined Kenya’s stance on advancing global cooperation, development financing, and economic resilience at the 28th Commonwealth Heads of Government Meeting (CHOGM) in Antigua and Barbuda.
Speaking during the Heads of Government retreat at State House,Antigua and Barbuda,
He called for a reform of the financial architecture on the international level, to improve developing countries access affordable development financing, as well as climate finance.
Kenya has illustration of how it intends to carry out its domestic resource mobilisation in the proposed NIF and SWF as stated by Mr. Kindiki.
He said funds would provide alternative sources of the infrastructure and economy development without expanding additional taxes or augmenting government borrowing, he said.
The Deputy President also underscored the President William Ruto’s candidature as Commonwealth Champion on Youth, Kenya’s initiatives in equipping the youth through technical and skills-based education as well as employment and, income-earning opportunities.
He also pointed to government support for youth-led enterprises as part of efforts to expand economic participation and create sustainable livelihoods.