President William Ruto says Kenya has now risen to become the sixth largest economy in Africa, crediting the achievement to the “difficult but necessary decisions” his government has taken over the past years.
Speaking during a national address, President Ruto said the reforms introduced by his administration—especially in taxation, public spending, and debt management—were aimed at stabilising the economy and securing long-term growth. He explained that although some of the decisions were unpopular, they were important for strengthening Kenya’s financial position.
Ruto said the government had inherited a struggling economy, weighed down by debt, high inflation, and slow growth. According to him, the firm measures implemented since 2023 helped Kenya regain investor confidence, boost revenue collection, and support key sectors such as agriculture, manufacturing, and technology.
“We made tough decisions so that Kenya can stand strong,” Ruto said. “Today, because of those choices, Kenya is now the sixth largest economy in Africa, and we are on track to grow even more. This is the result of sacrifice and discipline.”
Ruto added that the government will continue investing in infrastructure, digital innovation, and youth employment programs to drive inclusive growth. He also said Kenya is focused on reducing its dependence on imports by strengthening local industries.
His remarks come at a time when many Kenyans continue to express concerns about the rising cost of living, high fuel prices, and increased taxes. The President acknowledged these challenges but said the government is working to protect vulnerable groups and stabilize prices.
Economists have noted that Kenya’s economic size—measured by Gross Domestic Product (GDP)—has grown because of reforms, a rebased economy, and expansion in key sectors like services, transport, and ICT.
Ruto urged Kenyans to remain patient and support ongoing reforms, saying the benefits will become clearer over time.