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Reforms will improve economy

President Uhuru Kenyatta and former Prime Minister Raila Odinga with the BBI documents.

Photo credit: File photo

Kenya’s independence and the second liberation were achieved through long, torturous and bloody routes. Both resulted in new constitutions. But both left the “soul” unreformed. The economic system still does not work well for the majority of the citizens.

 The current reform proposals have made a modest effort to address this question, which economists have baptised jobless growth. Columnists decry the rising trade deficit of our import-biased economy. Investment bankers decry the crowding-out of the private sector.