President William Ruto has disclosed that his government created millions of jobs for Kenyans in 2023.
While delivering his new year message to Kenyans on December 31, 2023, at State House in Nakuru, President Ruto noted that his government has rolled out an economic growth model intentionally designed to create more jobs for Kenyans.
“In 2023 we decided that growing our economy as has been the case in the past, was not enough. Change was an inevitable imperative.
“As such, we rolled out an economic growth model intentionally designed to be inclusive, deliberately expanding opportunities and creating jobs.
“Millions of jobs. All types of jobs, construction jobs, technical jobs, and digital jobs, as well as entrepreneurial opportunities, both locally and abroad,” said Ruto.
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The Head of State added that the affordable housing program not only provides decent homeownership for Kenyans but it also creates jobs as well as reversing agricultural land fragmentation.
“For the first time, my mama mboga and bodaboda friends will now have a chance to own a home in our KSh4000-a-month, 3% interest tenants purchase scheme, as will other Kenyans on our 6% interest in affordable housing and the 9% market housing programs,” he said.
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According to the President, the digital Superhighway infrastructure, with 22,000 computers being supplied, is already creating thousands of jobs in Technical and Vocational Education and Training (TVET) institutions, as the government rolls out ICT hubs in every ward and constituency in Kenya.
“Our international jobs program is well on course, having negotiated many bilateral labour agreements to open up opportunities for employment for Kenyans globally,” he stated.
He explained that the Kenya Kwanza government has made immense progress in promoting financial inclusion and dignity of Kenyans at the lower economic echelons.
For instance, the Hustler Fund and the new NSSF contribution model exemplify the government’s dedication to inclusive economic growth, financial well-being and social security for all.
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“We have made affordable credit available to millions of Kenyans who for years were alienated and underserved by financial institutions.
“The Hustler Fund has disbursed over KSh42 billion to Kenyans in just one year, making it the largest financial inclusion program, and most importantly, over 7 million Kenyans are now regular customers, transacting, and doing business, freed from the bondage of shylocks and predatory lenders,” said President Ruto.
