That the economic status of Nations is correlated with the capacity of their governance structure as well as the rate of effective policies implementation, is almost undeniable. This is because the core elements of an economy are more or less established and fashioned through government policy. As such, the condition of any country’s economy is enough to infer the kind of leadership characterising a particular Nation. Since the core purpose of government is to cater for the welfare of its citizens, having a progressive economy is obviously one of their expectations, and as Kenyans, we are no exception.

Since independence, Kenya has experienced a vulnerable economic turmoil. Our first President Jomo Kenyatta, who struggled to balance the economic dynamics of a country that had just been given power to manage its affairs by the departing colonialist, encountered the difficulty of a crawling child learning to walk alone. Then came in Moi. As the second President of Kenya, Moi inherited the unstable economic status from Kenyatta. In his 24 years tenure, the economic growth of Kenya was deeply wounded. This is despite the fact that he had enough time to impact instrumental changes within our economy. Instead of taking action, Moi seemed to be contented with this sorry state of affairs. Instead of feeling optimistic, Kenya became a victim of flagrant corruption-something that made it difficult to align with sustainable economic practices. The culmination of such drawbacks has so far plunged our country in an economic pitfall. This economic dent has caused extreme harm to many Kenyans, not until Mwai Kibaki was elected as the third President of Kenya.

Mwai Kibaki inherited an economy with a strong economic growth prospects according to a research done by the International Monetary Fund (IMF) and progressively increased the GDP to 50.41B USD by 2012 a powerhouse in East Africa during his tenure and set it on truck to be the 7th largest economy in Africa currently. Kenya’s Agricultural sector blossomed recording tremendous growth as a key sector underneath the growth. Not only did the government’s expenditure increase aiding economic growth but there were significant growths in other sectors like tourism and health. As a result of sound fiscal and monetary policies the inflation rate was 9.4%, April 2012. This sheer growth was down to the launching of vision 2030 in 2006 which forecasted a sustainable average economic growth of 10% p.a, the visions major pillar.

As an expatriate Kenyan citizen, it’s hard not to mourn his demise which is reflected by Kenya’s current economic status with the country recording an all time high Consumer Price Index CPI (used to measure the change in the prices paid by consumers for a basket of goods and services) of 120.14 points on March 2022. The current inflation rate according to the KNBS stands at 6.47% with food inflation recorded at 12.15%, Producer prices is at 122.17 points and a Producer Price Index (used to measure the gross changes in the trading price of products on the domestic and non-domestic markets at all stages of production), of 10.64% recorded on April 2

Fitchs Credit rating for Kenya was last reported at B+ with a negative outlook. In reference to a report done by the world Bank on the country’s development indicators which are, firstly, Agriculture and rural development with acces to electricity, Agricultural irrigated land and basically adding Agricultural value to Agricultural products. Other key indicators are; aid effectiveness in the implementation of the economic recovery with the help of international doners like World Bank and IMF. To further accelerate economic recovery and improve livelihoods the International Monetary Fund (IMF) program has four key objectives to flatten the curve and return back to pre-pandemic era and more so scaling up the covid-19 response to boost the economy by supporting health and other factors most impacted by the pandemic. Secondly, reducing debt vulnerabilities by pursuing a revenue driven fiscal consolidation plan that targets to stabilize the debt to GDP ratio with the current government’s budget at -7.80% and subsequently put it on a downward spiral. Thirdly, supporting structural and governance reforms while addressing weaknesses in state owned enterprises as with a view to enhancing efficiency in the management of economic and strategic fiscal policie

And lastly, implementing specific measures to target and strengthen the monetary policy framework and support financial stability hinged on sound macroeconomic framework policy which according to the 2022/2023 budget policy statement, aims at scaling up development of critical infrastructure in roads, railway, energy and water sectors for broad based sustainable recovery by promoting agricultural productivity and the growth in manufacturing without turning a blind eye on the white swans threatening to turn black in the conservation of environment and water supply while ensuring sustainable land use and manageme

As the country went to the ballots in the recently concluded National General Elections the next president should be someone who’ll perpetuate the economic blueprint of the late, Mwai Kibaki by placing proper coefficients on sectors with high economic priorities. for instance, the health sector should be allocated more funds to boost the country’s health facilities and equipments to fill the loopholes exposed by the pandemic as ‘Health is Wealth’.