Kenya Liberalized Economy is forcing more investors to come to Kenya .
Kenya has now fully liberalised its economy by removing all obstacles that previously hampered the free flow of trade and foreign private investment.
How has Kenya Libelized its Economy?
Among them were exchange controls, import and export licensing, as well as restrictions on remittances of profits and dividends, all of which no longer exist.
These reforms have been painstakingly undertaken by the Kenyan government in order to create the necessary environment to attract foreign investment.
The Government of Kenya is taking a variety of steps to create an enabling environment for both foreign and domestic investment.
This is in line with the Government’s Economic Recovery Strategy for Wealth and Employment Creation (2003–2007), which is focused on the promises contained in the manifesto of the ruling party, the National Rainbow Coalition (NARC).
Priorities are investment in infrastructure and improving access to education and health services. Also at the top of the agenda are fighting corruption and promoting good governance.