Policy Brief No. 11 of 2006 on Improving the Enabling Environment for Business in Kenya

Abstract

An enabling environment for business improves investment climate and competitiveness of a country, thereby enhancing economic performance for eventual poverty reduction. In this regard, the Government of Kenya in its Economic Recovery Strategy for Wealth and Employment Creation (2003-2007) has emphasized on improving the environment for doing business to facilitate growth of private sector activities and achieve the targets set for economic growth of about 7 percent. However, despite various efforts made to improve the business environment, there are still issues that constrain the growth of investment and the country's competitiveness.