Former Treasury Cabinet Secretary Ukur Yatani has today October 27, denied claims by President William Ruto and his Deputy Rigathi Gachagua that they have inherited a dilapidated economy.
According to the outgoing Cabinet Secretary, the country's gross domestic product went high, something he said they worked together with the Central Bank of Kenya to see there.
He said that in the last 11 and 12 years Kenya managed to register the highest economic growth, something that he valued at 7.5.
"Treasury worked very hard to ensure that there is liquidity in the economy by working on the dynamic of interest rates with the CBK governor.
"We managed to keep the economy afloat and grow it. For the first time in 11,12 years, we registered among the highest economic growth at 7.5 GDP," he remarked.
This statement by the outgoing Cabinet Secretary goes against a claim that has always been given by President William Ruto and Rigathi Gachagua who have been insistent that thy inherited a economy on deathbed.
“We are inheriting a dilapidated country with Sh10 trillion debt. Let all those who were against join us in building the nation,” Gachagua stated before.
https://www.kenyans.co.ke/news/80969-ukur-yattani-defends-kazi-mtaani-exit-speech?utm_source=Facebook&utm_medium=AK
Content created and supplied by: KalamCheroree (via Opera
News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform
See More
COMMENTS