The good, the bad and the ugly of Ruto’s economic policies

Kenya's President William Ruto addresses a joint session of Parliament, with members of both the Senate and the National Assembly of the 13th Parliament at the National Assembly Chamber in Nairobi, Kenya on November 21, 2024.

Photo credit: Reuters

When he delivered his second annual State of the Nation address on November 21, President William Ruto oozed confidence that his administration’s economic policies had been successful in tackling two of the biggest challenges the country was facing when he took power slightly more than two years earlier.

At the time, Kenyans were facing record-high prices of food, while most companies struggled to access adequate dollars in a net import country further driving up the cost of goods.

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