Settle pending bills to boost private sector : The Standard - News Summed Up

Settle pending bills to boost private sector : The Standard


Settle pending bills to boost private sectorWhen President Uhuru Kenyatta and his Deputy William Ruto swept to power in 2013, they told Kenyans that they would help the country bake a bigger cake so as to create one million jobs. SEE ALSO :The curse of handshakeFaster economic growth would also reduce the rate of poverty and meet the requirements of Kenya’s growing population. In Jubilee’s eight years in office, the country has yet to manage more than seven per cent growth. In 2010, 2011 and 2012, the economy grew annually at 5.8 per cent, 4.4 per cent and 4.5 per cent, respectively. The national and county government have crippled the private sector by failing to pay pending bills, which are estimated to be more than Sh100 billion.


Source: Standard Digital January 02, 2020 07:18 UTC



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