President William Ruto has affirmed his government’s commitment to enhancing Kenya’s economy.
The World Bank has forecast a sluggish growth rate for Kenya’s economy in 2024, in contrast to the growth observed in 2023.
While addressing the congregation in Bomet County on Sunday, December 29, Ruto appealed to the clergy for their support in his efforts to unify the country as the new year 2025 approaches.
This comes despite criticism from the clergy earlier in the month, who described the administration as one filled with dishonesty and deception.
Ruto asserted that he could rejuvenate the national economy through the effective execution of Universal Health Coverage (UHC) and by creating job opportunities for Kenyans, among various other initiatives.
“Please pray for me so that I can bring together Kenya through economic advancements and projects. I am committed to developing infrastructure, electrifying every home, ensuring the success of Universal Health Coverage (UHC), and generating jobs for our young people via housing initiatives or labour exports, among other endeavours. I am resolute in my goal to transform this country, and we can achieve this if we collaborate,” Ruto stated.
The president underscored the significance of UHC’s execution through the Social Health Authority (SHA) and insisted that the program is making progress.
What is the current status of Kenya’s economy?
In early December 2024, the World Bank revised its projection for Kenya’s economy down to 4.7%.
In its 30th edition of the Kenya Economic Update, the international financial institution cautioned Ruto’s government against imposing stringent macroeconomic policies that could further hinder GDP growth.
The report made public on Tuesday, December 10, 2024, highlighted structural imbalances obstructing Kenya’s economic progress.
