1. Economic growth
When the government recently released a report showing the economy had recorded its highest growth in 11 years, many Kenyans were baffled.
The ‘Economic Survey 2022’, launched earlier this month, stated that the economy bounced back from recession in 2020 to grow by 7.5% last year – the highest since 2010.
Kenya finds itself in a precarious situation despite a remarkable 7.5 per cent economic growth recorded in 2021 as inflation threatens to stagnate the growth of core sectors of the economy.https://t.co/CUtqtaClKh
— K24 TV (@K24Tv) May 12, 2022
“They say the economy grew, yet I have not felt it in my pocket. My purchasing power has been declining since the Covid-19 outbreak,” says Joseph Ochieng, a mechanic in Nairobi’s Embakasi estate.
The high cost of living, driven by skyrocketing prices of basic commodities, has plunged many Kenyans into poverty, leaving them feeling hopeless and frustrated by their political leaders.
It’s a problem dominating this year’s campaigns even as Deputy President William Ruto and former Prime Minister Raila Odinga promise a double-digit economic growth if elected
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