Interior Cabinet Secretary Kithure Kindiki has called on Kenyans to support President William Ruto’s controversial Finance Bill 2024, which he asserts is vital for the country’s economic progress.
Speaking at the launch of the Fourth Medium Term Plan (MTP-IV) 2023-2027 framework on Wednesday, June 12, 2024, Kindiki assured that the president will now be more visible in commissioning projects following the stabilization of the economy.
We are now in a better place,” Kindiki stated. “We were almost facing bankruptcy as a country, struggling with foreign and domestic travel commitments, but now things have stabilized. You’ll be seeing more of the president, just as you see me,” he added, indicating a shift towards a more proactive governance approach now that economic conditions have improved.
Kindiki explained that the government’s main focus during the first two years was on debt repayment and economic stabilization, which constrained their ability to initiate new projects.
“In the first two years, we couldn’t do much because we were repaying debts and stabilizing the economy. But from now on, you will see the president more frequently, along with ministers and principal secretaries, as they come to launch and implement various projects,” he said.
Emphasizing the importance of the Finance Bill, Kindiki highlighted that it is essential for the successful execution of upcoming projects under the new economic framework.
“That is why the president is asking you to support the passage of the Finance Bill,” he urged, noting that the bill’s approval is crucial for the government’s planned initiatives.
Fourth Medium Term Plan 2023-2027
CS Kithure Kindiki on Wednesday presided over the launch of the Fourth Medium Term Plan 2023-2027 in Chuka.
The MTP-IV is the final five-year plan under the Kenya Vision 2030.
Kenya Kwanza’s Bottom Up Economic Transformation Agenda (BETA) is aligned with the Kenya Vision 2030 Plan.
The government’s ambitious plan aims to transform Kenya’s economy, politics, and social landscape, propelling the nation towards becoming a newly industrializing middle-income country by 2030.
As part of the Medium-Term Plan Vision IV (MPTV-IV) ending in 2027, significant investments are being made in various sectors including agricultural production, value addition, manufacturing, healthcare, education, and the digital and creative economy.
The overarching goal is to generate wealth and foster inclusive prosperity, benefiting all citizens regardless of background or status.
