Sharp Daily
No Result
View All Result
Tuesday, October 7, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

President William Ruto Appealed for Equality at The New Global Financial Pact Summit in Paris

Joel Mugonyi by Joel Mugonyi
June 23, 2023
in News
Reading Time: 1 min read
Paris Summit 2023- Ruto- Nation Africa

Global leaders converging at the New Global Financial Pact Summit in Paris have appealed for a review of worldwide financial systems to impact the world. During the summit, President William Ruto said the financial architecture must be equal. He added that neither the World Bank nor the International Monetary Fund should control resources. In addition to that, he added that despite the fact that Africa does not want anything for free, it also needs a new financial model whereby power is not in the hands of the few. This move will ensure fair access to resources.

Read more: What Kenya’s commitment to the World Bank Entails

Speaking on June 22, 2023, during a round table with France’s President Emmanuel Macron, the IMF’s managing director Kristalina Georgieva, and World Bank President Ajay Banga, President William Ruto cautioned that the globe could not continue normally when things are not going forward. Echoing President Ruto’s call, the French president noted that a bold and targeted approach could transform the globe. He also called for the reconditioning of the World Bank and the IMF in terms of how they operate vis-à-vis the realities at the grassroots.

Read more: President Ruto in Europe for Trade Talks

RELATEDPOSTS

President Ruto’s cabinet reshuffle raises tough questions.

March 27, 2025

Ruto backs U.N. peacekeeping transition for Kenya’s Haiti mission

September 23, 2024

Approximately 50 heads of state, along with international institutions and civil society representatives, are present for the summit. Its main agenda is developing a new global financial system so that vulnerable countries can be well equipped to curb poverty and climate change.

Read more: The Power of The US Dollar

 

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Kenyan Parliament Adopts a 55% of GDP Debt Anchor in Place of Ksh 10.0 Trillion Debt Ceiling

Next Post

Government Disburses Funds for Counties, Resolving Cash Crisis

Joel Mugonyi

Joel Mugonyi

Related Posts

News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025

LATEST STORIES

Equities, Bonds, or Fixed Deposits?

October 7, 2025

Kenya’s Inflation is creeping up, What it means for investors

October 7, 2025

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025

Post-September review: What CMMF did and what’s next

September 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024