Budget to ensure wholesome economic growth for Kenya

NAIROBI: Things are looking up for the Kenyan economy and one needs not look further than the 2015/2016 budget to know why. In the budget statement read out by Treasury Cabinet Secretary Henry Rotich, Kenya’s economic take off is more assured and solidified. The proposals outlined not only sealed loopholes which have delayed our prosperity but also built on our successes putting the country on assured trajectory of success. In the last one year, insecurity has presented the most formidable challenge to the very foundations of the economy. It was therefore in order to see security scooping the highest allocation of Sh224 billion, an upward of Sh27 billion from last year’s budget.

The billions will modernise our military, make our forces more mobile, insure our police, afford our forces more decent houses and get them proper tools to effectively tackle modern security threats. Our increasing electricity output was offered a major boost through announcement of plans to connect at least one million Kenyans in the year 2015. It is not enough to merely generate more electricity. It is a different story when that electricity is taken up to create more wealth.