Kenya’s deep rooted economic problems cannot be fixed by taxes alone

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Successfully orchestrating Kenya’s delicate economic situation is key for ensuring a prosperous and resilient economy that meets the basic needs of citizens and future generations and delivers long-term stability. PHOTO | SHUTTERSTOCK

According to recently released figures by Kenya National Bureau of Statistics (KNBS), Kenya’s economy in 2023 grew at the fastest rate in 5 years largely driven by rebounding agriculture and tourism whilst real wages shrunk for the 4th consecutive year.

So, did the country deliberately set out to prioritise agriculture and tourism in the short –medium term plans?

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Note: The results are not exact but very close to the actual.