Is Kenya鈥檚 new president destined for economic failure?
Votes are being counted in Kenya where a new president is being chosen to succeed Uhuru Kenyatta. The frontrunners are ex-prime minister Raila Odinga and current deputy president William Ruto.
The vote follows an intense campaign dominated by the economy and rising costs of living. Aly-Khan Satchu is an economist based in Nairobi. He told Newsday: 鈥淭here鈥檚 absolutely no chance that either of the parties can fulfil the promises they made ahead of the election鈥he subsidy on the fuel prices鈥he food subsidy鈥e鈥檝e got band-aid economics going on鈥here isn鈥檛 the money to do this beyond another four to eight weeks.鈥�
Photo shows: A shop owner hold bags depicting presidential candidate Raila Odinga of the Azimio la Umoja (Declaration of Unity) coalition and William Ruto, Kenyan deputy president and presidential candidate for the United Democratic Alliance (UDA) and Kenya Kwanza political coalition, in the town of Kibigori, Kisumu county, Kenya July 30, 2022. Credit: Reuters)
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