News:

Kenya's economy registered 4.7 per cent economic growth in 2013, slightly higher than 4.6 per cent recorded in 2012. Launching the 2014 Economic Survey 2014 detailing performance of economic sectors, 2013 Economic growth and 2014 outlook in Nairobi on Tuesday, Devolution cabinet secretary Ann Waiguru said the expanded Growth Domestic Product (GDP) was supported by low inflation and fuel prices. The performance was also supported by the stable macroeconomic environment for the better part of the year, low costs of electricity, infrastructural development as well as low and stable inflation which decreased from 9.4 per cent in 2012 to 5.7 per cent in 2013. Much of the blame for Kenya's economic slowdown is being put on election jitters, terrorism and sufficient rainfall. (Source: Daily Nation)

Comment:

These figures indicate that the state of Kenya's economy has not grown but continued deteriorating. These data shows that the economy grew by just 0.1 per cent a very slight increase i.e. from the 4.6 per cent recorded 2012 to 4.7 per cent 2013. This slight growth contrasts with the government's promise to improve the economy by 5.6 per cent 2013. This situation has made the total expenditure to stand at Sh 1.3 Trillion in 2013/2014 from the current of Sh 1.02 trillion. As a result, the Government faces a deficit of Sh 300 billion so continue to rely on external borrowing.

Since Kenya has adopted the defective capitalist economic system, it comes to no surprise for her views and measures of its economic system to be erroneous. In this system, the increased production ends up in the hands of a few powerful individuals due to the flawed distribution system and the government still goes and proclaim a growth in the economy and an increased GDP.
It is this reason that leaves the majority of Kenyan population poverty stricken regardless of the numerous reports of economic growth by the Kenyan government.

On Wednesday this week, the Famine Early Warning Institute reported that 80% of the Kenyan population are food stressed. The institution also warned of an acute starvation engulfing almost 1.3 million Kenyans towards the month of September. It is already estimated that the majority of Kenyans living in the urban areas can barely afford three meals a day hence the adoption of various tactics to reduce expenditure i.e. skipping meals etc.

Lack of employment has become a stubborn wound and the evident thriving of the population of hustlers in the cities is a clear proof that the Kenyan economy is under intensive care. This saddening condition of the majority of Kenyans is a clear proof that the claimed economic growth by the government are just figures with no essential benefit to common citizen. The greater economic strategies defined by the government are just corrupt avenues to orchestrate the continuous oppression of the common citizen economically.

The claim that terrorism, elections, lack of rain, etc. are the greatest contributing effect to poor economic growth of the country is a hoax just to cover the root cause of the poor growth which is the capitalist economic system adopted by the Kenyan government. This is the reason as to why Kenya regardless of the numerous resources it possesses the government still relies on abnormal interest acquiring loans from the west.
The Kenyan government claiming terrorism as an effect on the economic growth is just a way to maneuver in to the hearts of the west for assistance which always come coupled with misery. It is clear that Kenya's economic growth is lead astray by the western colonialist who are forcing Kenya's leaders to adopt the faulty capitalist economic system.

This depressing situation will persist in Kenya and in any state adopting the capitalist economic system until the caliphate is reestablished and it replaces the tainted economic systems with the righteous Islamic economic system.

Written for the Central Media Office of Hizb ut Tahrir by

Shabani Mwalimu

Media Representative of Hizb ut Tahrir in East Africa