Kenya's economy now stable as inflation eases, says Treasury PS Kiptoo

Speaking in Eldoret after meeting the business community, Kiptoo noted that 2025 was the best year since 2019 in terms of recruitment by the private sector.

Kiptoo said several sectors have improved economically as GDP growth is expected to be 5.3 in the near future.

“2025 was the best year since 2019, in recruitments by the private sector. All the indicators showing the economy is doing well. Mining sector, construction sector and services sector… Our GDP growth is going to be around 5.3. There is general stability. Inflation has gone down, and lending has risen,” said PS Kiptoo.

He said the government has also invested heavily in the agriculture sector, as subsidized inputs are already purchased.

The PS encouraged Uasin Gishu farmers to take the opportunity to plant their crops and target productivity.