Kenya should reorganize economic policies to spur growth from the grassroots, reduce inequality and foster cohesion, campaigners said at a Pan African Forum on Debt and Development underway in Nairobi.
Susan Otieno, interim executive director, ActionAid Kenya said that channeling more resources to pro-poor programs including food security, health, education and social protection is key to bridge the income gap in the country.
“We need to promote transparency in the management of public finances, enact policies that encourage grassroots-led growth in order to reduce the inequality that bodes ill for our long-term stability,” said Otieno.
Kenya is this week hosting a Pan African media conference on debt and development organized by African Forum and Network on Debt and Development (AFRODAD) in conjunction with ActionAid and Oxfam.
Senior policymakers, scholars and campaigners attending the three-day forum said that prudent utilization of borrowed funds is key to tackle poverty and the widening income gap in the continent.
Njoki Njehu, Pan African coordinator of Fight Inequality Alliance said that reforming economic policies and allocating greater resources towards health, education, agriculture and climate response is key to promote equitable growth in Kenya. Kenya should overhaul policy and legislative frameworks that have derailed the realization of shared growth even as the country focuses more on domestic resources to finance pandemic recovery.
She said that COVID-19 vaccine equity combined with placing a debt ceiling is key to place Kenya on a path for inclusive, peaceful and sustainable growth.
Antonia Musunga, national convenor, Kenya Fight Inequality Alliance said that economic policies that spur growth from the bottom should be enacted in order to narrow the income gap in the country. Enditem