Why Kenyans did not eat a GDP growth of 6.3 per cent in 2018Treasury Cs Henry Rotich during the launch of 2019-2022 economic survey at KICC. Rotich recognised in his speech that the 6.3 per cent growth was not enough to dent endemic poverty and inequality despite the Government prioritising investment in health and education to tackle the two problems. In a 2017 interview with Standard, he wondered how the economy was doing well when private sector with poor credit extension to the private. This growth is slow compared to 25 per cent growth during President Mwai Kibaki’s time. The private sector is the main taxpayer and when it is not doing well, Government revenues decline.
Source: Standard Digital April 25, 2019 21:05 UTC