President Ruto engages the economy recovery gear

President Ruto engages the economy recovery gear

 President Ruto engages the economy recovery gear

Even as he continues to shape his administration through key appointments and policy decisions, President William Ruto’s hands-on and decisive leadership style is quickly replacing that of his predecessor Uhuru Kenyatta’s laidback stance.
Dr. Ruto is only two months into his presidency and has already made significant departures that signal major shifts in the country’s economy, agriculture, political realignment, and relations with Western powers.

Dr. Ruto sees Kenya as a country capable of collecting more taxes, with sizeable amounts trickling in from social protection funds such as the National Social Security Fund (NSSF) and the National Hospital Insurance Fund (NHIF), depending on a person’s earnings.
Some of these plans are likely to frighten taxpayers because they involve further raiding of their already depleted coffers. Given previous attempts, they may also face legal and implementation challenges.

He has since dropped some of Mr Kenyatta’s pet projects, some of which had a direct and immediate impact on the average citizen.

Dr. Ruto recently abolished the Kazi Mtaani program, which was implemented as a stimulus to put money in the pockets of the most vulnerable youth as a result of Covid-19’s effects. He also ended fuel and maize flour subsidies, which were intended to cushion Kenyans from the high cost of the two critical commodities.

The President believes that these policy shifts will pay off in the long run.

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