{"id":96809,"date":"2023-07-02T17:09:36","date_gmt":"2023-07-02T17:09:36","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua"},"modified":"2023-07-02T18:05:28","modified_gmt":"2023-07-02T18:05:28","slug":"embrace-saving-for-state-to-stop-borrowing-abroad-gachagua","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua","title":{"rendered":"Embrace saving for State to stop borrowing abroad, Gachagua"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Kenya. <\/strong><\/span>Deputy President Rigathi Gachagua has urged Kenyans to embrace the culture of saving so as to enable the government to stop borrowing from other countries.<\/p>\n<p>Speaking during the 30th anniversary of the Solution Sacco in Meru, he said this will enable the state to instead borrow locally to finance its projects.<\/p>\n<p>\u201cWe want to enhance the culture of saving in Kenya so that we borrow money as a country from our own savings. We have been borrowing from countries abroad,\u201d he said.<\/p>\n<p>Gachagua said the money the country used to borrow from the countries used to come from their savings. He went ahead and defended the government\u2019s recent increment of Kenyans\u2019 monthly deduction to the National Social Security Fund (NSSF).<\/p>\n<p>The amount underwent an increment from Sh200 to Sh2,060. \u201cWe have changed the law to allow you to save substantially. The previous saving regime was insubstantial,&#8221; he said.<\/p>\n<p>The DP added that they are working with parliament to amend the cooperative act. This he said is to enhance the financial inclusion of Kenyans, especially farmers.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/kenya\">Kenya<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. Deputy President Rigathi Gachagua has urged Kenyans to embrace the culture of saving so as to enable the government to stop borrowing from other countries. Speaking during the 30th anniversary of the Solution Sacco in Meru, he said this will enable the state to instead borrow locally to finance its projects. \u201cWe [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":96808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[6857,7003,544],"class_list":["post-96809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Embrace saving for State to stop borrowing abroad, Gachagua - kenya<\/title>\n<meta name=\"description\" content=\"Deputy President Rigathi Gachagua has urged Kenyans to embrace the culture of saving so as to enable the government to s ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Embrace saving for State to stop borrowing abroad, Gachagua\" \/>\n<meta property=\"og:description\" content=\"Deputy President Rigathi Gachagua has urged Kenyans to embrace the culture of saving so as to enable the government to s ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-02T17:09:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-02T18:05:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/07\/sm_1688304641.090124.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Embrace saving for State to stop borrowing abroad, Gachagua\",\"datePublished\":\"2023-07-02T17:09:36+00:00\",\"dateModified\":\"2023-07-02T18:05:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua\"},\"wordCount\":197,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/07\/sm_1688304641.090124.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/embrace-saving-for-state-to-stop-borrowing-abroad-gachagua\",\"name\":\"Embrace saving for State to stop borrowing abroad, Gachagua - 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