DP Ruto has finally launched the Kenya Kwanza alliance manifesto, in which he explains the regulations that made up his bottom-up economic model.
According to the August presidential hopeful, an economic forum should see capital in away that helps the citizens and the nation as a whole.
He touched on a report which reads that just 19 million Kenyans are under employment now; out of that just 3 million (15%) are in permanent jobs – or and other 16 million (85%) are employed in Micro. Small and Medium sized Enterprises (MSME).
“The Kenya National Bureau of Statistics (KNBS) report in 2016, registered stable MSMEs with a substantial surplus of Ksh.50,000 from each employee monthly, while those in Micro economy registered Ksh.3,250,” state the manifesto.
DP Ruto said that the trickle-down economic model will be expected to lower the cost of living, fighting hunger, creating employment among the youths, increasing the tax base, uplifting the Kenya’s foreign exchange balance together with inclusive growth.
To get all these, the Kenya Kwanza group has decided on the six core peotocols, namely: Agriculture; Micro, Small and Medium Enterprise (MSME) economy; Housing and Settlement; Healthcare; Digital superhighway.
Ruto promised that if voted to power, his Kenya Kwanza administration will put aside Ksh.250 billion between 2023 and 2027 to the agriculture sector, which is half of Kenya’s GDP.
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