President William Ruto says 2025 will be a great year for Kenya. He added that the country's economy is healing. Ruto spoke on Sunday during a church service in Nairobi.
"We got good news about what God is doing in healing our economy," Ruto said. "Kenya is going to go places."
Ruto said the economy is stabilizing. He noted that by working together, inflation, interest, and exchange rates have come down. "We have seen a great movement towards the healing of our economy," he said. "We can proudly move together as a nation."
The President called on religious leaders to pray for a good year ahead. He wants them to pray that God will take the country to greater heights.
Ruto said Kenya received good news from Moody's, a global credit rating agency. Moody's has reviewed Kenya's financial outlook from negative to positive. This shows confidence in the country's future.
"There are already signs that God is taking our country to places," Ruto said.
On Saturday, Moody's cited potential ease in liquidity risks for the positive rating and improving debt affordability over time. However, Moody's affirmed that the long-term issuer ratings still stand at CAA1.
Moody's observed elevated credit risks. These are driven by very weak debt affordability and high financing needs compared to funding options.
"There is potential for further reductions in domestic borrowing costs," Moody's said. This is given low inflation and a stable exchange rate.
Ruto also praised the Trump administration's commitment to support the security mission in Haiti. Kenya has been honored to lead this mission.
"I am very proud that President Trump and the new administration support Kenya's mission in Haiti," Ruto said. The mission aims to help the people of Haiti live in peace and stability.
Ruto said Kenya is in Haiti to play its security diplomacy role. This is in response to a request by the United States last year.
"We got good news about what God is doing in healing our economy," Ruto said. "Kenya is going to go places."
Ruto said the economy is stabilizing. He noted that by working together, inflation, interest, and exchange rates have come down. "We have seen a great movement towards the healing of our economy," he said. "We can proudly move together as a nation."
The President called on religious leaders to pray for a good year ahead. He wants them to pray that God will take the country to greater heights.
Ruto said Kenya received good news from Moody's, a global credit rating agency. Moody's has reviewed Kenya's financial outlook from negative to positive. This shows confidence in the country's future.
"There are already signs that God is taking our country to places," Ruto said.
On Saturday, Moody's cited potential ease in liquidity risks for the positive rating and improving debt affordability over time. However, Moody's affirmed that the long-term issuer ratings still stand at CAA1.
Moody's observed elevated credit risks. These are driven by very weak debt affordability and high financing needs compared to funding options.
"There is potential for further reductions in domestic borrowing costs," Moody's said. This is given low inflation and a stable exchange rate.
Ruto also praised the Trump administration's commitment to support the security mission in Haiti. Kenya has been honored to lead this mission.
"I am very proud that President Trump and the new administration support Kenya's mission in Haiti," Ruto said. The mission aims to help the people of Haiti live in peace and stability.
Ruto said Kenya is in Haiti to play its security diplomacy role. This is in response to a request by the United States last year.
