This archive report was first published on 9 September 2019.
As Kenya strives to achieve economic growth and development, it is essential to implement sound policies that address the country's challenges, including unemployment, diseases, and corruption.
On September 9, 2019, Gilbert Kiprono, an economy policy analyst, emphasized the importance of implementing policies in an article published in Business Daily Africa.
The Big Four Agenda, which focuses on manufacturing, food security, universal health coverage, and affordable housing, has the potential to solve Kenya's prevailing challenges.
However, the success of this agenda depends on the government's ability to create an enabling environment for its implementation.
Historically, countries like South Korea, Singapore, and Malaysia have achieved economic growth by implementing sound policies, and Kenya has equal potential.
However, the country's progress is hindered by corruption, which must be dealt with to achieve the country's objectives.
Additionally, the existing discordance between the national and county governments on revenue sharing ratios could derail the achievements of the Big Four Agenda.
Furthermore, the government must address the progressively widening budget deficit and reduce external borrowing to avoid a debt crisis.
By implementing sound policies and addressing these challenges, Kenya can achieve economic growth and development.