×
The Standard e-Paper
Fearless, Trusted News
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
One of the highlights of President Uhuru Kenyatta’s Madaraka Day speech was his assertion that debt leads to economic growth. It was a convincing statement, quoting South Korea’s phenomenal economic growth.
The best measure of the national debt is its ratio to gross domestic product (GDP). In 2021, South Korea’s debt to GDP ratio was 47.3 per cent against Kenya’s 68.1 per cent.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Prefer the Standard on Google
join