Deputy President William Ruto's love for the hustlers in the country is unmatched. He is working day and night to ensure that, those that are below the economic pyramid are empowered.
On Thursday 22nd of April, he held talks with former Central Bank of Kenya Governor Prof. Njuguna Ndung'u, who pledged to help develop the new economic model through the African Economic Research Consortium, at Karen in Nairobi County.
The state of the global economy demands new thinking, bold ideas, and fresh paradigms. Deputy President William Ruto said that the government must include more Kenyans in the growth of our country. This is why he has been championing for a bottom-up approach to develop the economy.
" The state of the global economy demands new thinking, bold ideas, and fresh paradigms. We must include more Kenyans in the growth of our country. This is why we are proposing a bottom-up approach to develop the economy. " He wrote on his Twitter handle.
This approach will ensure more resources are invested in the grassroots, greater economic participation, and an expansion of the tax base. It will also ensure that most of the youths, that are from less fortunate backgrounds gets something to do to earn them a living, hence reducing the unemployment rate in the country.
The Deputy President added that it's gratifying to see economic experts endorsing this approach and expressing willingness to partner with the government to actualize this revolution.
The Deputy President's dream is to do away with the trickle-down type of economy, where the rich at the top of the economic pyramid, employ the poor. The main cause of extensive borrowing by this country is because few individuals are empowered, hence a low tax base to generate enough revenue.
If this dream come into realization, Ruto believes that the country will be a debt-free state.
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