Kenya - Joint IDA-IMF staff advisory note and the first medium term plan (2008-2012) for Kenya vision 2030 (English)
This joint staff advisory note (JSAN) reviews the Kenya vision 2030 (the vision) first medium term plan (MTP) 2008-12 prepared by the Government of the Republic of Kenya. The vision and the MTP are structured around three pillars: economic, social, and... See More +
This joint staff advisory note (JSAN) reviews the Kenya vision 2030 (the vision) first medium term plan (MTP) 2008-12 prepared by the Government of the Republic of Kenya. The vision and the MTP are structured around three pillars: economic, social, and political. The economic plan focuses on six sectors: tourism, agriculture, manufacturing, trade, information technology, and financial services. The social pillar concerns education, health, environment, water and sanitation, population, urbanization and housing, and gender, vulnerable groups, and youth. Finally, the political pillar addresses efforts to improve governance and the rule of law along with decentralization plans. The pillars rest on cross cutting themes which constitute the foundation of the envisaged economic transformation. The themes include investment in physical infrastructure and information and communications technology; land and public sector reforms; human resource development, labor and employment; and security, peace building and conflict resolution. The cross-cutting themes are intended to nurture the economic transformation and assist in creating international competitiveness through more efficient productivity at the firm and household level, with government support Staffs find that the objectives of the MTP are generally compelling and well considered on a sector-by-basis, but less so on a holistic basis. The sector-specific plans are generally compatible with the Government's objective of meeting Millennium Development Goals (MDGs). However, the overall plan suffers from two main weaknesses. First, there is a marked lack of prioritization of the many programs outlined. Second, the numerical goals identified in the plan, such as the growth rate of investment, are highly optimistic in light of past experience. This means that some of the headline targets may not be met. Consequently, these targets are best viewed as aspirations rather than practical targets which could inform planning and promote accountability.
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