Kenya Private Sector Alliance (KEPSA) has applauded President William Ruto’s commitment to running a people-driven and economy led administration as guided by his political manifesto.
KEPSA also hailed the President for his efforts in creation of the hustlers’ fund, access to credit, growing a savings culture, funding to judiciary, food security, tax reforms and incentives for economic competitiveness and Ebola risk mitigation.
“Kenya’s economy continued to perform well at the beginning of 2022, despite pressure from global factors. The economy, however, has been vulnerable to increasing commodity import prices, partly due to the disrupted global supply chains on the importation of food, petrol, and fertilizer, as well as affecting Kenya’s exports of avocados, cut flowers, tea, and other products,” KEPSA stated.
KEPSA cited that the devastating drought is another debilitating challenge as over three million people in 23 counties in the Arid and Semi-Arid Lands (ASAL) region are food secure.
“Given these challenges, we should be doubly motivated to act as a nation, especially following the general election and a seamless transition into new leadership. We reaffirm our unwavering dedication to working with all stakeholders in the public and private sectors to implement the numerous plans and projects that are intended to achieve both our short-term and long-term socioeconomic objectives,” it added.
KEPSA has asked the President to focus on creating a supportive business environment for job creation, economic stability and commerce.
KEPSA has committed to working collaboratively with both the national and county governments, among other stakeholders, through the various KEPSA public-private dialogues in pursuit of yearly improvements in the overall business environment as well as Kenya’s global competitiveness.
It has also committed to continue implementing programs and projects with the government like the Ajira Digital Program and others.