DP Kindiki gives his Assessment of Kenya's Economic Stability under Kenya Kwanza

Deputy President Kithure Kindiki has expressed his belief that the Kenya Kwanza administration is well on its way to fulfilling its campaign promises, citing significant progress over the past two years. 

Speaking at the Third National Executive Retreat at KCB Leadership Centre in Kajiado, Kindiki highlighted President William Ruto's success in stabilizing the economy during the post-COVID-19 period.

Kindiki acknowledged that factors like the Russia-Ukraine war and high U.S. interest rates had previously crippled Kenya's economy before President Ruto took office. 

"My mind is clear, we're not in a bad state unless persuaded otherwise. I think we're on course."

 He further noted that while the final phase would demand more energy and focus, substantial progress has been made in stabilizing the economy, with key macroeconomic indicators like fuel prices, inflation, cash reserve ratios, and interest rates now under control.

The Deputy President also recognized that public scrutiny of the current government is expected, given the ambitious agenda that led to their 2022 election victory. 

"This administration was elected at a critical point in terms of the nation’s economic situation. We were elected on a very popular agenda, which was to create an inclusive economy; an economy that brings everyone onboard where the prosperity of the country is shared across economic classes." 

He added that ongoing public commentary on their progress is anticipated due to their "radical, daring, and bold commitment."

Despite the scrutiny, DP Kindiki urged Kenyans to consider the advancements made since the Ruto administration took power. 

He pointed to a lower inflation rate, reduced fuel prices, and a stronger Kenyan shilling as evidence of economic stabilization.

"Even as we contextualise where we are, let us remember where we came from and the heavy lifting that has gone in between."

 He concluded by encouraging leaders to intensify their efforts in the "final stretch" to deliver on campaign pledges and transform the nation.