Vice President William Ruto once again shed light on the highly controversial bottom-up economic model.
Ruto, in a morning interview with Inooro TV, explained why he insists on changing the current model of runoff, which he says has not worked for Kenyans for many years.
“Mjadala umebadilika sasa, Sio BBI na reggae, let’s talk about economics,” said Ruto, while explaining how the bottom-up model would bring empowerment and employment opportunities.
DP Ruto believes that the unemployment problem can be solved by changing policies to accommodate investment in labor-intensive infrastructure. The DP argued that if more money was invested in manufacturing, the number of jobs would increase as the policies would allow Kenyans to know where to start the most businesses and the most money.
“Trickle-down thinks that you have to create two, three or ten companies to create jobs. The bottom-up approach suggests that we are using public funds in labor-intensive infrastructure. We have to change it from the capital intensive model, ”he said.
Ruto said the financing infrastructure in the county needs to change to allow businessmen to put money back in their pockets and avoid borrowing money from the shylocks, who in turn charge interest. high on return.
Ruto also explained how much the agricultural sector needs government intervention, especially from farmers who cannot produce enough. The DP says the money used for food aid should be spent on buying seeds and fertilizer for the farmer.
“Almost 2.5 million farmers are not producing enough. They are net importers of food. We use almost 5 billion shillings to buy food for a hungry farmer who sleeps. Instead of waiting for 5 billion shillings, we will buy seeds, fertilizers, ”said Ruto.
On the issue of criticism of its business model, the DP was quick to castigate the opposition for telling Kenyans to stay out of the discussion as they propel another model of constitutional change (BBI).
“Don’t they also speak of models when they speak of constitutional change? Where is the problem when we talk about a model to change the economy? We know it is difficult, hamuelewi, inawasumbua, ”he said.
Ruto said the bottom-up economy model aims to eradicate poverty, corruption, debt as well as increase the number of people paying taxes.
He added that a lot has been accomplished during Jubilee’s first term.
“When I was DP from 2103 to 2017, Kenya moved forward. We have built roads, railways, electricity, technical schools, to which I have largely contributed. After 2017 I was told to stay away and other people would help the president. Our plan was sabotaged. As we speak, the Big 4 agenda is nowhere, ”he said.
The DP, however, says he was sidelined after the handshake.
“I can explain the first five years. When I worked closely with the President, my work was seen clearly. I was sidelined. It is not for me but for the Kenyans to judge, ”said Ruto.
Download the BBI judgment of the seven judges – Civil appeal n ° E291 of 2021