APRM • SECOND COUNTRY REVIEW REPORT OF THE REPUBLIC OF KENYA policy framework prioritizes allocating more resources to infrastructure development, in order to anchor the growth in the sectoral sectors. 306. The CRM found that each of the 47 Counties had developed their own five-year development plans, the County Integrated Developed Plans (CIDPs), based on the flagship projects elaborated in the Medium term Plans. These project focus on a range of socioeconomic development issues, primarily: (i) addressing equity and balance in development across all regions; (ii) increasing community empowerment; (iii) minimizing differences in income opportunities and access to social services; (iv) enhancing wealth creating opportunities for disadvantaged groups and regions; (v) increasing the availability of affordable and accessible credit; and (vi) improving health infrastructure in underserved areas in the country. 307. This alignment of economic policy making with the Kenya Vision 2030 is praiseworthy. It has allowed the setup of economic policy to be appropriately reoriented towards the developmental goals of securing socioeconomic economic development much more directly. By advocating for sustained high growth rates and identifying the priority sectors that can deliver the growth, the Kenya Vision 2030 on the right course. (iv) 308. Impact of economic policies The government’s economic programme has delivered a number of notable successes: • Macroeconomic stability has largely been secured, with sound fiscal and monetary management, which has enabled the delivery of low inflation and withstand a number of vulnerabilities to the economy; Figure 3: Kenya: Evolution of inflation rates (% change in consumer price index) 16.2 14.5 14 11.79 9.4 10.5 9.8 9.87 6.9 4.1 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: Kenya National Bureau of Statistics (2016), Economic Survey 2016 | 141 | 6.6 5.7 2013 2014 2015

Select target paragraph3

Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents