KEY POINTS FROM PRESIDENT RUTO'S ADDRESS
1. Introduced a new national development vision to succeed Vision 2030.
2. Announced that the new development framework will be anchored in the 2010 Constitution.
3. Launched a nationwide public consultation on Kenya's long-term development.
4. Acknowledged that Kenya missed previous global industrialisation opportunities.
5. Compared Kenya's economic progress with that of South Korea, China, Vietnam, Bangladesh, Ghana, and Zimbabwe.
6. Attributed Kenya's slower growth to missed opportunities for structural transformation.
7. Stated that macroeconomic stability has been restored through lower inflation, a stable exchange rate, and stronger foreign reserves.
8. Reported record foreign direct investment and improved investor confidence.
9. Highlighted the establishment of the National Infrastructure Fund.
10. Highlighted the establishment of the Sovereign Wealth Fund.
11. Admitted that Vision 2030 is unlikely to achieve its upper-middle-income target.
12. Positioned Africa as the next global growth frontier.
13. Emphasised industrialisation, manufacturing, and exports as the key drivers of future growth.
14. Linked economic development directly to constitutional obligations.
15. Prioritised quality healthcare, education, housing, food security, water, and social protection.
16. Called for measurable national development targets.
17. Advocated for strong institutions that promote investment, innovation and enterprise.
18. Sought a long-term development strategy that extends beyond political cycles.
19. Encouraged broad public participation in shaping the new national vision.
20. Stated that Kenya can become a high-income, industrialised, and globally competitive economy within one generation if reforms are sustained.
21. Announced that the national conversation to develop Kenya's post-Vision 2030 development framework will begin on 12 August 2026. #Elections2027