President William Ruto yesterday announced that Kenya is out of danger and on the path to sustainable economic growth.
Speaking at State House in Nakuru, he expressed confidence in the robust measures put in place to revive the country’s economy.
However,Ruto highlighted the undeniable progress Kenya has made, citing a decrease in inflation to 6.8 percent.
He therefore attributed this success to the sacrifices Kenya has made and efforts to reduce borrowing by cutting expenditure to KSh400 billion.
Additionally,Ruto Emphasized the government’s commitment to its Bottom-Up Economic Transformation Agenda.
“We take pride in the strides we have made. Kenya have triumphed over the threat of economic stagnation. Kenya is now secure to our sovereign debts,” he said.
Ruto mentioned the success of the subsidized fertiliser programme.
This initiative has resulted in a significant increase in food production, reducing the country’s KSh500 billion food import bill.
“Working with farmers, we will double our efforts in 2024 until we reduce our KSh500 billion food import bill to zero,” Ruto said.
Consequently,the President outlined the government’s economic growth model,
-which aims to create millions of jobs and expand economic opportunities for all Kenyans.
NHIF contribution
He praised the Hustler Fund and the new NSSF contribution model for promoting financial inclusion and social security for those at the bottom.
Furthermore, Ruto assured the public of the government’s dedication to universal healthcare.
Efforts will be intensified to ensure that every Kenyan has access to quality healthcare services.
In his New Year message, President Ruto also urged public servants to execute their duties diligently.
He emphasized the importance of their role in achieving the country’s economic goals.
With these measures in place, Kenya is poised for a brighter future.
The government’s commitment to sustainable economic growth,
Through job creation, and social welfare programs demonstrates its determination to uplift the lives of Kenyans.
As the country moves forward, it is expected that Kenya will continue to make significant strides towards economic prosperity.
