The President said Kenya is scaling up investments in innovation to position itself as a global innovation hub, support start-up businesses, and empower the youth.
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The President made the remarks during the launch of the University of Nairobi’s Silicon Savannah Innovation Park at State House, Nairobi.
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President Ruto made the remarks at State House, Nairobi, on Tuesday, during the signing of ministerial performance contracts.
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Members were informed that inflation, which reflects the price increase over time, had declined substantially to 2.7 per cent last month, down from a high of 9.6 per cent in September 2022.
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The President made the remarks during the Maa Cultural Festival held near the Samburu National Reserve in Samburu County.
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The President pointed out that these efforts are harnessing the athletic talent and potential of refugees at Kakuma, Turkana County, and positioning the camp as a hub for Olympic talent.
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The President said PPPs ensure that the government does not burden Kenyans with more taxes or loans to finance development projects.
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Present at the meeting were Former Prime Minister Raila Odinga and Prime Cabinet Secretary Musalia Mudavadi.
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