President William Ruto’s tenure has seen a decrease in the inflation rate from 9.2% at the beginning of his term to 6.3% as of February 2024. This contrasts with Uhuru’s tenure, where the inflation rate averaged 6.35% over two terms.

Compared to his predecessors, Ruto’s inflation rate management stands out. While Uhuru’s tenure saw a significant rise in inflation from 4.14% to 9.2%, Ruto’s administration has managed to stabilize and even decrease the inflation rate during his time in office.

The Head of State’s economic policies, guided by the Bottom-Up Economic Transformation Agenda (BETA), have aimed to reduce the economic burden on Kenyans. This approach has garnered both praise and criticism, but it has demonstrated efforts to address economic challenges effectively.

Kenya Kwanza administration has also worked to mitigate currency depreciation, as evidenced by efforts to stabilize the exchange rate. Despite the shilling losing an average of 30% of its value from 2013 to 2023, Ruto’s tenure has shown efforts to address this issue and stabilize the currency.

Today’s variance in inflation rates and currency depreciation can be attributed to policies implemented by Ruto’s administration, including measures instituted by the Central Bank of Kenya (CBK) to mitigate the cost of living and stabilize the exchange rate.

These efforts reflect President Ruto’s commitment to addressing economic challenges and improving the financial well-being of Kenyans.