Why Kenya’s future lies in rethinking the growth path

Small business owners at a Family Bank Business Club meeting. FILE PHOTO | NMG

Kenya’s growth plans present an interesting puzzle. Despite our widely acknowledged growth potential, successive five-year Medium Term Plans (MTPs) based on Vision 2030 have missed the targets.

Gross domestic product (GDP) annual growth target of 10 per cent on average has been missed, even with MTP targets set lower than the Vision 2030 targets.

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