President William Ruto announces that all civil servants will be deducted a Mandatory 3% of their salary that will be contributed towards the Housing Fund.
Ruto states that the deductions will aid Kenyans to access affordable housing.
On why civil servants will have to make the contributions, Ruto explains “So that we can create a fund that will assist people of Kenya to acquire homes.”
The Head of State further adds that Kenya currently only has 40,000 mortgages and that his administration will raise that amount to 2,000,000 which is in line with the country’s economy.
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