Kenya’s economy is showing signs of real recovery, with inflation easing, the shilling holding steady, and foreign reserves at comfortable levels, National Treasury PS Dr Chris Kiptoo announced yesterday.
The gains, he said, are a result of disciplined fiscal management and bold reforms aimed at protecting households and boosting business confidence.
Inflation, which has been a persistent worry for Kenyan families, is finally showing a noticeable slowdown, easing pressure on everyday expenses.
Dr Kiptoo highlighted that coordinated monetary policy and fiscal discipline have played a major role in stabilizing the economy.
“We are committed to supporting private sector-led growth while ensuring households feel the benefits of economic reforms,” he said, emphasizing that the government’s interventions are starting to bear fruit.
Foreign exchange reserves are at comfortable levels, giving Kenya the ability to absorb external shocks and maintain investor confidence.
The positive trends also signal potential growth opportunities for businesses, as confidence returns to the market.
Consumers, meanwhile, are expected to experience some relief at the shops and fuel stations as inflation eases gradually.
With the shilling holding strong and prices starting to stabilize, Kenyans are hopeful that the economic storm may finally be passing—but Dr Kiptoo warns that continued discipline and reforms are essential to keep the momentum going.