DP urges Kenyans in diaspora to invest in bills, bonds
Deputy President Rigathi Gachagua has asked Kenyans living abroad to invest in Treasury bonds and bills assuring them of security of their investment and better interests.
Speaking on Tuesday evening in Brussels during an interactive session with Kenyans living in Belgium, the DP said the Government had made it easier for them to buy the bonds and get better returns.
“The safest way to invest money in Kenya is through Government bonds and bills. They are the surest way of ever investing back home because they are backed by the government’s security and the interest rates are very good,” said the Deputy President at Tangla Hotel in Brussels.
Housing programme
From this investment, the DP said, Kenyans will earn the interests the Government is presently paying foreign lenders for their money.
The Deputy President is in Belgium to represent President William Ruto during the Gateway Summit hosted by the European Commission.
Gachagua also encouraged Kenyans in the diaspora to invest in housing programme, a flagship project of the Kenya Kwanza Administration, saying the houses are affordable and are being built in areas with good infrastructure.
“I want to invite you to take keen interest in the affordable housing programme. These houses are being put up on government land with the government providing the infrastructure. The units are affordable because there is no extra cost for land, road, electricity,” he said.
Diaspora community
The DP assured them that the Ruto administration was keen on closely working with the diaspora community, pointing to the creation of the State Department of Diaspora Affairs as an indication of the seriousness the government took in their interests.