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What are the problems facing the Kenya’s economy?

What are the problems facing the Kenya’s economy?

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Abdullahi
General problems facing the economy of Kenya include;
i. Floods and recurring drought.
One of the problems facing the economy of Kenya is frequent floods which has led to destruction of properties such as houses and plantation, loss of lives of many Kenyans among others. Drought is also one of the major problems which the economy of Kenya faces. Areas such as North Eastern of Kenya frequently experience drought, a phenomenon which has led to increase in loss of lives of the people living in that region and also death of many animals including livestock. However, Kenya as a country supports such regions with food and water to reduce the sufferings of the individuals.
ii. Kenya is also faced with a large and rapidly rising population. Increase in the population growth rate is as a result of high birth rates, migrations into the country, lack of family planning among others.
iii. Kenya has semi-desert in a number of areas in the country.
iv. The economy of Kenya is coupled with poor land tenure system.
v. Kenya has recently faced chronic budget deficits. This hampers implementation on proposed development programs.
vi. Poor health system characterized by inadequate infrastructure.
vii. Kenya has poor and backward education system which is largely not aligned to the current world job market.
viii. The judicial system of Kenya is said to be weak which gives room for economic wreckage. Overall economic freedom is low and there is weak protection of property right.
ix. The Kenyan economy is experiencing pay pressure from those in employment, this puts more demand on the overstretched state budget.
x. The economy of Kenya is characterized by pervasive corruption which has led to poor economic growth.

Dullayo answered the question on April 21, 2018 at 16:41

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