William Samoei Ruto, PhD
William Samoei Ruto, PhD|Sep 08, 2025 16:11
The current international financial architecture has increasingly become an agent of a new form of colonialism. It punishes poor countries with high interest rates while rewarding rich countries with very low interest rates. This injustice locks developing nations in cycles of debt and dependency, denying them the resources they need to invest in growth, opportunity, and dignity for their people. We will not remain silent until this unjust financial architecture is reformed. We will continue to speak out because the present system does a grave disservice to the developing world and undermines the promise of shared prosperity. The time has come for a fair and just financial order, one that recognises the aspirations of all nations and gives every country the chance to thrive. At the sidelines of the second Africa Climate Summit, Addis Ababa, Ethiopia, addressed a special session on “Breaking The Vicious Cycle: Debt, Nature And Climate”.(William Samoei Ruto, PhD)
+1
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads