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The Conversation
Kathleen Klaus, Assistant Professor, University of San Francisco

What William Ruto's presidency would mean for Kenya's economy

A briefcase containing Kenya government's budget estimates for 2022/2023. Photo by SIMON MAINA/AFP via Getty Images

William Ruto has been declared the winner of Kenya’s 2022 presidential election. The close results have been queried, raising the risk of a prolonged political transition. But, if cleared, Ruto is set to inherit an economy that’s not in great shape. For example, unemployment is running high, a fact that fuelled the youth resentment against the government of outgoing president Uhuru Kenyatta. Kenya’s economy generates less than 200,000 formal jobs for the over one million young people who join labour market every year. The country is also grappling with huge public debt and a high inflation rate. We asked Kathleen Klaus, XN Iraki and Oscar Mwangi about the likely impact of Ruto’s win on Kenya’s economy.


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