To combat the rising cost of living, Deputy President William Ruto says his government will invest in agricultural productivity.
Speaking at the Nairobi Economic Forum in Karen on Tuesday, Ruto said he plans to establish a revolving fund rather than the unrealistic 6,000 shillings promised monthly to two million families by his rival Raila Odinga.
The Kenya Kwanza Presidential candidate stated that food insecurity is causing a serious problem in Kenya’s cost of living.
He also stated that his Sh30 billion fund will be revolving, whereas their Sh140 billion fund will be sinking.
“Every Kenyan spends 52% of their income on food according to the Kenya National Bureau of Statistics report, if we bring that down to 35% or 40% even by 10%, we will do a lot of saving for us to spend in other areas,” he added.
