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Strategies needed to address key challenges

Kenya has laid a solid plan that will see the country define its economic path in the 2014-2015 fiscal year. No doubt the budget set a critical development agenda for the nation that could significantly boost Kenya’s investment profile. At a time the country has been under terror attack, the move by Treasury Cabinet Secretary Henry Rotich, to allocate more resources to boost the country’s security would help restore the sterling business environment businesses have enjoyed for some time.

Crucially, the budget made substantial allocation to the country’s infrastructure, which mainly covers energy, roads, rail and ports. We laud the Treasury’s move on this.?However, there still remain huge problems facing this country such as poverty, unemployment and food scarcity. No doubt there were allocations made to address these challenges. Sadly, these were not enough to address this dire situation.

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