Browsing: agricultural production in kenya

Increased debt, lower income, a slowdown in corporate capital spending, the delay of regulatory decisions, and diminished lending activity typically mark election years in Kenya.

  • Economists and humanitarian crisis specialists have interpreted the rising cost of living in terms of increasing demand for limited goods and weak buying power.
  • The best way for Kenya to improve its current economy is to focus on increasing agricultural production.
  • The future administration must establish legislation supporting political stability and social harmony to unleash industrial sector development.

The cost of living and economic vulnerability

In recent years, the cost of living in Kenya has risen. Economists and humanitarian crisis specialists have interpreted this in terms of increasing demand for limited goods and weak buying power. These effects stem from, among other things, the Russia-Ukraine conflict, a poor post-COVID-19 recovery, climate change, a more fragile economy, and rampant government spending.

Regardless, public opinion on the …