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Invest more in manufacturing to reverse the 2017 downturn

National Treasury Cabinet Secretary Henry Rotich. DAVID GICHURU, STANDARD]

Kenya’s scorecard for last year is out, and the performance of the main sectors is not inspiring.  There were fears that 2017 could easily be the worst year under President Uhuru Kenyatta, but not to the extent shown. We now know, from the Economic Survey 2018 report, that we are losing our most critical sectors; agriculture and manufacturing.

Not even the vibrant financial services sector was spared, but the problem is fairly easy to diagnose and remedy, with broad proposals on patching up the interest rate regulations.

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