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Labrish
Nyuuz
Nyoro tears into Ruto’s econ claims with hard stats
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[QUOTE="Munyaradzi Mafaro, post: 73359, member: 636"] Kiharu legislator Ndindi Nyoro has challenged the accuracy of economic data presented by President William Ruto during a recent parliamentary address. The lawmaker disputed claims about currency strength and stock market performance by citing official statistics showing the shilling has weakened 8.5 percent since August 2022 and the Nairobi Securities Exchange peaked in 2017 rather than at present levels. Nyoro pointed to construction sector contraction and cement consumption decline as evidence contradicting government assertions. He argued Kenya's growth rate of 4.7 percent trails regional neighbors Uganda, Tanzania and Rwanda, while daily borrowing reaches 3.5 billion shillings. The member of parliament criticized Education Ministry funding cuts that reduce per-student allocations from 22,000 to 12,000 shillings in day schools, warning this shift burdens struggling families and undermines free basic education commitments. [/QUOTE]
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Labrish
Nyuuz
Nyoro tears into Ruto’s econ claims with hard stats
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