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SOTNA: Ruto affirms economic turnaround, touts shilling stability

By David Njaaga | 4mos ago

President William Ruto makes his State of the Nation address at Parliament, Nairobi. November 20, 2025. [Elvis Ogina, Standard]

President William Ruto says Kenya's economy has recovered from the brink of crisis in 2022 to stability through strategic fiscal reforms.

Speaking at Parliament during his third State of the Nation Address on Thursday, November 20, Ruto said growth has moderated to 4.6 per cent in 2025 from 9.6 per cent in 2022. Foreign reserves have surpassed 12 billion dollars, and the Kenyan shilling has held at 129 per dollar for nearly two years.

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