Former Envoy commends Kenya’s record foreign exchange reserves

Colombo, July 10 (Daily Mirror) - Former High Commissioner of Sri Lanka to Kenya Kana Kananathan has praised the Government of Kenya on achieving a historic milestone, with the country’s foreign exchange reserves reaching a record USD 14 billion.

He noted that the achievement reflects Kenya’s prudent economic management, sound fiscal policies, and the confidence of international development partners, further strengthening the country’s position as one of Africa’s leading investment destinations.

“There are already many Sri Lankan investors who have established successful businesses in Kenya, benefiting from the country’s stable economy and investor-friendly policies. I encourage more Sri Lankan entrepreneurs and businesses to explore the vast investment opportunities that Kenya offers,” he said.We are here to give them every support.

He further praised the Kenyan Government’s continued commitment to economic reforms, stating that the strong reserve position will enhance investor confidence, support sustainable economic growth, and reinforce Kenya’s role as a regional economic powerhouse.