President William Ruto has voiced his deep concern regarding the increasing number of unemployed youth in Kenya, emphasizing the urgent need to create opportunities for this demographic.During his public engagements, Ruto noticed a significant presence of young people, which he considers a major issue that demands attention. He highlighted the
Tag: inflation Kenya
Ruto’s Fuel VAT Cut: Relief or Economic Illusion?
President William Ruto’s decision to reduce the Value Added Tax (VAT) on fuel from 16 percent to 8 percent is being celebrated as a significant relief measure. However, this policy shift reveals a more complex and troubling reality.Kenya lacks full control over its fuel prices and the overall cost of
IMF Assures Support for Kenya Amid Unstable Global Economy
The International Monetary Fund (IMF) has reaffirmed its commitment to supporting Kenya following high-level discussions aimed at bolstering the nation’s economic stability amid a volatile global market.In a statement released on their X account after the 2026 Spring Meetings held at IMF Headquarters on April 13, 2026, the National Treasury