Politics vs data: Is the economy doing well as the State claims?

President William Ruto shares a light moment with Jane Nasike a trader at Chepkube Market in Bungoma when he toured the facility on Jan 24, 2025. [PCS]

When global credit rating agency Moody’s revised Kenya’s creditworthiness from negative to positive on January 24, 2025, it added fuel to the fire being spread by the government and its supporters on how good the economy is doing.                      

President William Ruto shared the news on social media: “We are doing well.”

In revising the outlook, Moody’s Rating stated that Kenya’s economy has grown more quickly while displaying lower volatility than similarly rated peers.