President William Ruto has said the country’s economic recovery strategy has stabilized the economy.
The President said the government has reversed bad economic policies, including reckless borrowing, that had put the country in great danger.
He said the economy has responded well to the government’s intervention, noting that the country is now on the path of steady economic growth.
“I am very happy that today the country is on sound footing and we are now well prepared to take it to the next level,” he said.
President Ruto spoke during an interdenominational thanksgiving service at Kirubia Stadium, Chuka, Tharaka Nithi County.
The Head of State said he will work with leaders from across the political divide to advance the country’s development agenda.
President Ruto said the Executive is working with the Legislature to ensure the budget for the 2023-2024 financial year is in line with the Bottom Up Economic Transformation Agenda.
He said he was keen on increasing funds meant for agriculture and value addition to not only create wealth for farmers but also lower the cost of living.
“We agreed that we will put more money in agriculture because we want to use the sector to ensure citizens have money in their pockets,” he said.