What William Ruto's Presidency Would Mean for Kenya's Economy Kenya
William Ruto has been declared the winner of Kenya's 2022 presidential election. The close results have been queried, raising the risk of a prolonged political transition. But, if cleared, Ruto is set to. The unemployment rate is running high - a fact that fuelled the youth resentment against the government of outgoing president Uhuru Kenyatta. Kenya's economy generates less than 200,000 formal jobs for the over one million young people who join the labour market every year.
While Ruto has promised"bottom-up" economic transformation, his role as deputy president in the previous administration provides little indication of his ability, or will, to push through transformative economic policies. Ruto's victory means Kenyans face more of the status quo. He, and the coalition behind him, seem to be firm believers in the market economy where the government hardly intervenes in production and price setting, write
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deputy president William Ruto wins presidency vote – Kenya election commission headDeputy president William Ruto wins presidency vote – Kenya election commission head: Kenya's elections chief declared Deputy President William Ruto the winner of a tight presidential race on Monday but, amid chaotic scenes, four other senior election…
Read more »
Kenya Declares William Ruto As Its New President in an Election Drama That's Far From OverAnalysis - Kenya's William Ruto was declared the winner of the August 9 election in the midst of chaotic scenes last witnessed on the eve of the infamous 2007-2008 post-election violence. Ruto, running under the Kenya Kwanza coalition, defeated Raila Odinga of the Azimio coalition by polling 50.49% of the vote against Odinga's 48.85%. The announcement followed days of confusion over the likely winner. We asked Justin Willis and Emma Elfversson to provide a quick assessment of the outcome.
Read more »
PRESIDENTIAL ELECTIONS: Kenya declares William Ruto president-elect amid chaotic scenesKenya's elections chief declared Deputy President William Ruto the winner of a tight presidential race on Monday, but some senior election officials disowned the result, fuelling fears of violence like that seen after previous disputed polls.
Read more »
Deputy president William Ruto wins presidency vote – Kenya election commission headKenya's elections chief declared Deputy President William Ruto the winner of a tight presidential race on Monday but, amid chaotic scenes, four other senior election officials said the week-long count was too opaque and disowned the result.
Read more »
Deputy president William Ruto wins presidency vote – Kenya election commission headKenya's elections chief declared Deputy President William Ruto the winner of a tight presidential race on Monday but, amid chaotic scenes, four other senior election officials said the week-long count was too opaque and disowned the result.
Read more »
Kenya: Reach Out to President Kenyatta, Odinga, NGO Council Urges RutoThe National Council of Non-Government Organizations (NGOs) has urged President-elect William Ruto to reach out to his predecessor Uhuru Kenyatta and his main rival in the just concluded election Raila Odinga.
Read more »