Kenya must sustain 10pc annual income growth to reach high-income status by 2060
Nairobi, Aug. 13 -- Kenya will need to grow its citizens' average incomes by at least 10 percent every year for the next 35 years to attain the high-income status dream outlined in President William Ruto's Vision 2060.
This is the verdict of a government-backed team of experts guiding the 30-year plan to transform Kenya into an industrialised economy by focusing on increased farm productivity, expanded export-oriented manufacturing, and deeper technology and innovation.
The 2030-60 plan seeks to position Kenya as a politically stable state with an efficient civil service, respect for the rule of law, macroeconomic stability, and sustainable public debt, according to an outline of the proposal.
The new economic blueprint, for which the ...
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