President Kenyatta says the country’s Gross Domestic Product (GDP) has grown twofold in the last eight years.
Speaking on Tuesday when he delivered his eighth State of the Nation Address before a joint sitting of the Senate and National Assembly, the president indicated that Kenya’s GDP now stands at Sh11 trillion compared to Sh4.75 trillion in 2013 when he took over from Mwai Kibaki.
Uhuru noted that the country has moved six places under his administration to become the sixth richest country in Africa.
“We have managed to multiply what was bequeathed to us, in just eight years my administration has multiplied the GDP by a factor of 2+,” said Kenyatta.
He added: “Given that we have doubled our GDP in a record eight years, it is no wonder Kenya is projected to grow twice as fast as the sub-Saharan economies in the period of 2021-2022 and all this because of leadership and the power of choice given to our citizens.”
Uhuru further pointed out that the country’s real GDP grew by 10.1 percent in the second quarter of 2021, the first-ever double-digit growth recorded in the history of Kenya’s economy.
“The notable contributions to this growth include the ICT sector which grew by a 25.1 percent in the second quarter of 2021,” he said.
The transport and manufacturing sectors grew by 16.9 percent and nine percent respectively during the period.
The president added that his administration has made Big Push Investments that have spurred development, revived dead capital, and boosted entrepreneurship.
I have made a few Kenyan…
I have made a few Kenyan some of the wealthiest individuals in Africa, said one of the incompetent president of Africa named muru wa kinyatta uria urererwo mbecha ini na ndari na idea kwina matoi school fees ya January ikumaku. It’s good to just keep quiet.
@wait a sec: Umeongea ya…
@wait a sec: Umeongea ya kweli kabisa and i highly doubt whether Uhuru even knows the price of bread or a packet of unga. He physically resides in Kenya but his lifestyle has always been that of a spoilt prince tangu azaliwe.
Nonsense! Do you even know…
Nonsense! Do you even know what it takes to make a country wealthy?
Uhuru has been a let down!…
Uhuru has been a let down! Just like his father stole, so did he! The Pandora papers were a clear indication of his ill gotten wealth! May he never have a peaceful day until he returns the funds back to the country???
Do you have any evidence…
Do you have any evidence that Uhuru stole? If you do, take it the court mbandia!
It’s Uhuru who needs to…
It’s Uhuru who needs to produce evidence he’s not a thief.
His salary is public information.
With all due respect you…
With all due respect you cannot grade yourself. Generations will grade you. Legacy will take care of itself. I’m certain you made Kenya wealthy in debt for sure and disobedience of court orders.
Most of that money ends up…
Most of that money ends up in the pockets of corrupt elites. Many of those corruption cartels are inside your government.
The the levels of inequality in Kenya is Mind Boggling.
funny
funny
He forgot to mention the…
He forgot to mention the many ‘cash cows’ living abroad who are allegedly sending trillions in Kshs every year in record number in the pretext of ‘investments’ a.k.a consumer cash.
@kintstti – You left poor…
@kintstti – You left poor families behind after they sacrificed everything to send you to the diaspora only to turn out to be a drunkard! Those are the families you send your money to and not the government! Give us a break! Whatever development you do back home is fir you and your family!
Alcoholism is a big problem…
Alcoholism is a big problem among the Kikuyus.
Uhuru Kenyatta is a kikuyu.
I phone 4G should name those…
I phone 4G should name those Gikuyu alcoholics as all have names.
Uhuru Kenyatta
David Murathe…
Uhuru Kenyatta
David Murathe
Tony Gachoka
Moses Kuria those are among the drunk Kikuyus on television.
Kikuyus drink too much. They’re probably suffering from Depression.
Who knows.
‘… my administration has…
‘… my administration has multiplied the GDP by a factor of 2+,” said Kenyatta.’ But he forgot to mention debt that probably went up by 2000+
He forgot to mention high level of unemployment and companies relocating to other parts of Africa.
He forgot to mention the tremendous growth in corruption in his administration.
He forgot to mention the 2000+ growth in cost of healthcare.
He forgot to mention the 2000+ growth in inflation.
What a joke.
To be precise,these…
To be precise,these companies are relocating due the high production costs,heavy taxation and extortion/corruption leading to lack of market due to overpriced products.
Mr President,
How many…
Mr President,
How many Kenyan’s understood your long speech that was delivered in a colonial language?
When will Kenya’s President give respect to lugha ya Taifa la Kenya. Ukiwa unataka kuongea na wakenya, sema na lugha ambayo wakenya wote wanaelewa.
Mtu yeyote akisema na lugha ya mtu mwingine ana na lugha ya mgeni moyo wake hausemi tena.
We mungu nguvu yetu!!
He definitely has made his…
He definitely has made his relatives and close friends rich, and Kenyans generally poor. Does GDP wealth translate to money in the pocket also? If it does, why has Uhuru’s government been on a borrowing spree for the last two year?
This piece of shiiiiiit…
This piece of shiiiiiit. Almost want to vomit reading this article. Kenya has had no where to go but up, that’s a given. He’s created more corruption and thieves than anyone other African leader. Funny how he acts all civil and good to the people. You can’t talk about making Kenya one of the wealthiest nation on borrowed loans. The average Kenyan can barely afford to make ends meet but yet this fool is talking about making Kenya wealthy. You barely hear him talking about creating jobs or even assisting the people during the pandemic. All he did was impose curfews and empower police. If you are going to lock people up, give them assistance. Most Kenyans are small business owners, put them on lockdown and they suffer
This achievements need to…
This achievements need to trickle down. Uhuru needs to spend each weekend in a Kenyan slum/amongst the struggling then he will really get to know how things are going on the ground.