Ruto says he successfully managed to stabilize the economy
Ruto says he is happy to have successfully managed to stabilize the economy despite constants from the opposition
Ruto says he is happy to have successfully managed to stabilize the economy despite constants from the opposition.
President William Ruto has responded to the opposition over their remarks on the state of the economy which they have constantly, in their numerous political rallies, termed as deplorable.
Speaking in Mombasa on Friday, Ruto proudly declared that he has successfully managed to stabilize the economy.
Ruto blamed his predecessor’s modus operandi stating that he however made fixing the economy the first priority.
“My first assignment the last five months was to consolidate and stabilize the economy of our country that had been battered by reckless borrowing and unnecessary subsidies,” he said in an address during the launch of the Taifa Gas plant in Dogo Kundu.
“That is why today the economy of Kenya has stabilized, and I want to assure all our citizens that we will not go back to reckless borrowing, we will not go back to subsidies that benefit brokers, cartels, and people who are politically correct.”
The President went ahead to state that, after sorting out the economy as he insists he has, he is now moving to something else more urgent; the high cost of living.
He expressed confidence at reducing the cost of living, telling off Azimio leader Raila Odinga over his recent threats to call for mass action within 14 days over the same.
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Ruto also lashed out at Raila Odinga for not implementing his ideas on lowering the cost of living as well as the economy during his ‘handshake’ period with former President Uhuru Kenyatta, further blaming the two for the state the country as at present.
“We’re going to promote, instead, production, and that is why 4.5 million farmers today are accessing fertilizer that we have subsidized as the government so that we can support our production and eliminate the challenges of the high cost of living. We’re on that trajectory, there is no need for others to threaten others with demonstrations. You had 5 years of the handshake shenanigans, and that is the reason why the cost of living is where it is today,” said the President.
“I have stabilized the economy, I am now dealing with the cost of living. And we’re not dealing with it on a short-term basis; we’re dealing with it in a sustainable manner. The fellows on the other side are not going to give us any lectures or any lessons because they have none to give. If they had any ideas, they had 5 years to implement and they did not.”
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