President Ruto proudly announced that Kenya has emerged from the clutches of debt distress, a significant achievement indicating responsible financial management and a commitment to long-term economic stability.
Speaking on Tuesday during the 60th Jamhuri Day celebrations at Uhuru Gardens in Nairobi, the Head of State, said all the economic indicators point to good news, with the inflation rate being 6.8%, down from a high of 9.2% last year.
“In the last 6 months, our GDP has grown at 5.4%, making Kenya the 29th fastest growing economy in the world, according to the World Bank,” he said.
President Ruto attributed the transformation to the country’s human capital, innovation, smart-working, and professional labor force.
He outlined plans to invest in key sectors like agriculture, manufacturing, and tourism to create more jobs and foster economic prosperity for all Kenyans.
He called for collective responsibility to match Kenya’s economic progress with democratic and political achievements attained since independence.