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How President William Ruto Can Rescue Kenya Economy From Sinking

Monday April 10, 2023-Kenya's economy has been struggling in recent years, with high levels of debt and slow growth. However, there are several steps that can be taken to rescue the economy from sinking.

Firstly, the government needs to address the issue of corruption. Corruption is a major drain on the economy and undermines investor confidence. The government should take strong action against corrupt officials and implement measures to increase transparency in public procurement.

Secondly, Kenya needs to diversify its economy beyond agriculture and tourism. This can be achieved by investing in infrastructure, such as roads and ports, which will attract foreign investment and create jobs.

Thirdly, Kenya should focus on developing its manufacturing sector. This will not only create jobs but also reduce the country's reliance on imports.

Finally, Kenya needs to improve its education system to ensure that young people have the skills they need for the modern job market. This will help to reduce unemployment and boost economic growth.

In conclusion, rescuing Kenya's economy will require a concerted effort from both government and private sector stakeholders. By addressing corruption, diversifying the economy, developing manufacturing industries and improving education standards; Kenya can overcome its current economic challenges and achieve sustainable growth in future years.

The Political Eye

 

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