• April 19, 2024
  • Last Update April 19, 2024 7:23 AM
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President Ruto affirms Kenya’s economy is on the right track

President Ruto affirms Kenya’s economy is on the right track


Saturday, 16 March, 2024

McCreadie Andias

President William Ruto has affirmed that the country’s economy has bounced back assuring Kenya’s of better living conditions moving forward.

While in a developmental tour in Bomet County, The head of state noted the recent strengthening of the Kenya shilling against the dollar and the resolution of the $2 billion Eurobond.

The head of State also expressed his relief over the fuel cuts that were reported by EPRA during the week alongside the reduced price of maize flour.

President Ruto noted that the economy had initially been worsened by the country’s foreign debt crisis.

“Our economy was in bad shape and we were overwhelmed with debt. However, within one year, we have streamlined everything,” he said.

“This is the year we are going to deliver the government’s development agenda. Kenya is going places.”he added.

President Ruto was accompanied by Deputy President Rigathi Gachagua, Infrastructure Cabinet Secretary Kipchumba Murkomen, Bomet Governor Hillary Barchok, Majority Leaders Kimani Ichungwa (National Assembly) and Aaron Cheruiyot (Senate) with Local MPs and MCAs also present.

He launched the construction of the Longisa-Sigor-Chebunyo and Kyogong-Sigor roads in Chepalungu Constituency, Bomet County.

Later, he commissioned the Chemomul Rural Electrification Project in Bomet East and connected Joseph Kones’ family home to electricity.

He also inspected the progress of the Bomet Affordable Housing Project that continues to expand economic opportunities for the residents.

The President launched the rehabilitation and upgrading of Bomet Town link roads accompanied

“Bomet town will be expanded, its infrastructure modernised and the sewerage lines fixed so that it can cater for the growing population in the South Rift region,” he said.

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