Replace with ...........

Hehehehe..this King G guy. You feel it will be biashara what?

And CORD would have given us 3-5%

Do people know what they are saying? Seriously??? 10% plus. Ati 7% to 10% ni kidogo! Hii ndio inaitwa pang'ang'a!!!

Case in point. China's economy has been struggling to hit 10% growth per year and yet "all" the idustries have been shipped there!

@Impunity - Can you kindly list 10 countries in the world which have their economy growing at more than 10%. Don't forget to post the rate the economy is growing at. Feel free to Google!!!

If you grow the economy at more than 10% you'll be doubling the economy approximately every 6 years. Ever heard of an overheating economy? Ever heard of mind boggling inflation? Unaffodable housing, skyrocketting land prices etc. etc.

Countries actually slow down their economies to avoid such!

I thought the Deputy President said economy to grow by double digits. Guess he meant double digits of 07%. Maybe was expecting too much something about 10% and above.

... Ama 7.5%

I hate to be a wet blanket but simple reasoning shows these promises/plans do not add up. The State is not a bank, it is not in the financing business. Last I checked, banks in Kenya are deregulated, save for the monetary policy administered by Central Bank. As to who gets bank loan money, the govt wouldn't have a say. As for targetted policy, kenyan banks are too greedy and immoral. They continue to rape kenyan borrowers, taking full advantage of a short inflationary shock a few months back to mint billions, and adamantly refuse to sufficiently scale back interest rates even when the central bank base rate returned to its usual low normal rate many months past. In short, offering incentives to banks to finance youth based businesses will backfire because of unfettered greed.

So where will the money to spur this growth come from? I am drawing blanks here Mr President. Unless we discover oil which lies in shallow wells and hence can be drawn by buckets, these projections are in haste, inaccurate and will disappoint many. The coalition has five years, it is better to do slow, solid and steady work than make lofty promises which will come crashing down.

We'll attract more foreign investors now more than ever. I would want to beleive that Kenya in now viewed as a maturing country void of political maneno mingi, with systems in place judicial, anti-corruption etc.

Morever, we'll have 'thieves' bringing their loot back home and growing the economy. EmOhhOne and cronies can now breathe a little easier. eg Watch and see Yaya finally completed.

And scandals like the stolen free-primary-education of Prof Ongeri will not work this time. If one manages to 'get-something' it will be in a clever manner after having done something tangible.

The devolved government might see governors rushing to out-do themselves. eg Alfie is already on steroids, Kidero already has enemies(the bribe he allegedly turned down) and has to show for something or his goose will be.. 7% is doable.

5% at most give or take a few points...I dont envy the president the first few months,things to be tackled are many...hoping during later stage of the 2nd year,3 rd yr and going forward things will be better...

The government’s borrowing from the local markets rose by 16.4 per cent in the past nine months to stand at Sh1 trillion at the beginning of April, according to CBK.
A heavy public debt burden leaves President Uhuru Kenyatta in a tight budget position casting a dark shadow over his economic agenda.

http://www.businessdailyafrica..../0/-/ifimih/-/index.html