Business News

Kenya’s Economy Stable as Inflation Eases

National Treasury Principal Secretary Dr. Chris Kiptoo announced that Kenya’s economy has stabilized following eased inflation in 2025.
Moreover, he highlighted that private sector recruitment reached its highest level since 2019, signaling renewed economic confidence.

Strong Growth Across Key Sectors
Speaking in Eldoret, Kiptoo noted significant improvements in mining, construction, and services sectors.
Additionally, he projected GDP growth to reach 5.3 percent in the near future, reflecting broad economic stability.

He emphasized that reduced inflation and increased lending have created favorable conditions for businesses and households nationwide.

Government Investment in Agriculture
Kiptoo revealed that the government has invested heavily in agriculture to boost productivity.
Furthermore, subsidized inputs have already been purchased, ensuring farmers access affordable resources for planting.

He encouraged Uasin Gishu farmers to seize the opportunity, plant crops, and maximize yields during the current season.
According to him, agriculture remains central to Kenya’s economic resilience and food security.

Outlook for Continued Stability
The Treasury PS stressed that all indicators show Kenya’s economy is performing well.
Moreover, he assured that government policies will continue supporting growth, job creation, and sustainable development.

He reiterated that 2025 marked a turning point, with private sector recruitment driving employment opportunities across counties.
Finally, Kiptoo expressed optimism that Kenya’s economy will maintain stability, benefiting citizens and businesses in the coming years.

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