DP Ruto Defends Bottom-up Economic Model amid Criticism

Deputy President William Ruto has once again defended his bottom-up economic model, saying that the trickle-down approach failed because it bred cartels.

DP Ruto Defends Bottom-up Economic Model amid Criticism

According to Ruto, the approach championed by former Prime Minister Raila Odinga only created opportunities that benefited a few individuals.

The Deputy President explained that the bottom-up approach will promote millions of people who are unemployed and small-scale business people.

"It is the economy. Trickle-down failed for aiding patronage and cronyism, breeding cartels and monopolies that benefit few."

"Bottom-up is anchored on deliberately promoting investments & financial instruments targeting the millions who are unemployed, hustler enterprises/farmer groups," the DP tweeted on Thursday.

Ruto was reacting to a headline by the Standard saying that he had triggered a storm with his bottom-up approach.

Ruto and other leaders allied to him have insisted on using the Bottom Up economic model that empowers the common mwananchi, by injecting money into the low-income businesses as the perfect way to build the economy.

Those opposing Ruto’s approach have also insisted that what Kenya needs is good infrastructure and favorable policies, to better the lives of Kenyans.