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Madaraka Day: President Ruto hails 20pc rise in shilling as sign of Kenya's economic strength

President William Ruto during Madaraka Day celebrations in Homa Bay on Sunday, June 1, 2025. [PCS]

President William Ruto has announced Kenya has maintained an average annual growth rate of 5 per cent since August 2022, surpassing the global average of 3.3 per cent and the regional average of 3.8 per cent.

"Just last month, the International Monetary Fund projected our GDP to reach $132 billion, making us the largest economy in our region and the sixth largest in Africa," said Ruto during the 62nd Madaraka Day celebration at Raila Odinga Stadium.

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