The current administration, like many others around the world, has particularly been fond of using the big leap in GDP growth to demonstrate its exemplary economic achievement compared to the previous governments. This phenomenal growth in GDP masks an uncomfortable truth: jobs, especially quality jobs, have not grown as fast as the economy. As a result, Kibaki managed to increase GDP growth from negative 0.2 per cent in 2002 to a high of 8.4 per cent in 2010. “That GDP growth translated into jobs. But if you look at the years since then, we stagnated at about 5.4 and 5.6 per cent,” Wagacha said.
Source: Standard Digital March 13, 2021 21:00 UTC