President William Ruto has used his latest State of the Nation Address to argue that Kenya’s economic outlook is improving, pointing to assessments by international financial observers as evidence of renewed confidence.
Speaking in Parliament on Thursday, he said global market institutions had noted positive signals in Kenya’s recovery efforts, even as public debate intensifies over the cost of living and the government’s fiscal approach.
According to Ruto, external evaluators have highlighted strengthening indicators across several economic sectors, which he described as validation of his administration’s policy direction.
He noted that recent reviews by global market watchers suggested that investor interest and macroeconomic stability were gradually regaining traction.
While he did not name the specific assessors involved, he insisted their findings affirmed that Kenya was on a more stable path.
The President also addressed criticism from political rivals and commentators who have challenged the government’s economic performance.
In remarks attributed to him during the address, Ruto accused some critics of presenting “self-serving falsehoods” aimed at depicting the economy as declining.
He argued that although open criticism is guaranteed in Kenya’s democratic framework, public figures should avoid spreading information that is not supported by verifiable data.
His comments come at a time when economic concerns remain prominent in national discourse.
Kenya has experienced significant public debate over tax policy, rising consumer prices, and debt management—issues that often influence political mobilization, particularly in the run-up to election cycles.
Historically, economic performance has been a major point of contention between ruling administrations and opposition parties, shaping voter sentiment and policy discussions.
Opposition groups, including leaders from the united opposition, have frequently argued that the administration’s reforms have placed additional strain on ordinary households.
Independent economists have also offered mixed reviews, with some acknowledging reform efforts while noting that households continue to face short-term pressures tied to global market conditions and domestic fiscal measures.
Ruto reiterated that his government would continue implementing reforms aimed at stabilising public finances and promoting long-term growth.
He said these efforts were designed to strengthen Kenya’s resilience against external shocks and support future investment across key sectors.