Treasury PS Kiptoo: Kenya's economic outlook promising

Treasury PS Dr Chris Kiptoo congratulates Elgeyo Marakwet politician and Businessman Barnabas Boit upon graduating with a degree in Political Science and Public Administration from the University of Nairobi. [George Orido, Standard]

Highlighting Kenya's resilience in the face of these challenges, Dr Kiptoo cited the Africa Development Bank's projection of a GDP growth of 5.6 per cent in 2023 and 6.0 per cent in 2024, driven by services and household consumption. g a robust and healthy economy.

Discussing the tax regime introduced by President William Ruto's government, Dr Kiptoo expressed confidence that it would contribute to the economy's self-sustainability and reduce reliance on external borrowing.

Speaking at the graduation party of businessman and Elgeyo Marakwet politician Barnabas Boit, Dr Kiptoo emphasised the positive impact of government plans aimed at creating jobs for the youth.

GSU Commandant Eliud Lagat commended Mr. Boit's achievements, citing determination as a key factor. Boit, who graduated with a degree in Political Science and Public Administration, applauded the government's initiatives to generate employment opportunities for the youth.