The Covid-19 pandemic has aggravated the economic situation in Kenya. The country’s economy is already reeling from the adverse effects of corruption, health care, insecurity and debt crises that all threaten to submerge it.
The year ending has been a turbulent one both politically and economically. Close to two million Kenyans lost their jobs and thousands of businesses closed down. The unemployment rate rose from 5.2 percent in the first quarter of the year to 10.4 percent in the second quarter.
The government and their opposition partners are mainly to blame for the current economic recession. They have failed to address critical issues such as corruption and have instead opted to focus on vague constitutional reforms in the midst of a pandemic.
Come 2021, the government should drop the BBI absurdity and solely focus on cushioning Kenyans and the economy against the economic impacts of Covid-19 as well as corruption. The New Year should be about economic reforms and revival and not cheap succession politics. It would be a good opportunity for President Uhuru to leave behind a solid economic and political legacy by delivering on his campaign promises. The President should crack down on corrupt politicians and civil servants in government institutions and fix the weak and impartial judiciary.
Usually the performance of the economy is a crucial issue that citizens of a country use to gauge the efficacy of a ruling party. And with less than two years to the general elections, President Uhuru should come up with stimulative economic revival strategies such as tax cuts and rebates, deregulation as well as infrastructure development to jumpstart the economy.
With the development of vaccines, Covid-19’s health crisis is set to ease down but experts warn its economic impact would be felt for a long time to come. The next two years are crucial to the revival and development of our economy and the government should shelve politics and focus primarily on the economy. The current unnecessary political drama is not good for our economy and we must leave it behind as we enter the new decade.
By: Faysal Hussein
Nairobi-based journalist and writer covering domestic and regional politics, players and policies. Focusing on the bigger picture in a modern contemporary world.