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Kenya Vision 2030. (Fourth Medium Term Plan 2023-2027).

Country
Type of law
Policy
Source

Abstract
This five-year Fourth Medium Term Plan provides for implementing the Kenya Vision 2030, in order to guide the development planning of the country, and thus realise targeted key milestones on the path towards the achievement of the Vision 2030 goals. This Fourth Medium Term Plan, aligned to the Bottom-Up Economic Transformation Agenda (BETA), specifies the Government’s commitment to transform agriculture by raising productivity of key value chains that include leather and leather products, textile and apparel, dairy products, tea, rice, edible oils, the blue economy, minerals and forest products, and to support Micro, Small and Medium Enterprises (MSMEs), providing employment and income opportunities for economically excluded segments of the population, and increasing access to affordable credit, capacity building, and the markets. The Fourth Medium Term Plan aims at: increasing investment in housing programmes, strengthening healthcare services and infrastructures, enhancing digital productivity and creative economy through digitisation and automation of processes, attracting foreign direct investments, including Public-Private Partnerships (PPP) and green financing.
This Fourth Medium Term Plan is based on three pillars: economic, social and political. The key sectors of the economic pillar are: tourism, agriculture and livestock, wholesale and retail, financial services, oil, gas and mineral resources exploration for the sustainable development of the extractive industry, blue economy, by increasing fish and fish product exportation. The social pillar focuses on the promotion of equitable social development in a clean and secure environment, through the improvement of the following key sectors: education, health, environment, water and sanitation, gender, youth and vulnerable groups, poverty reduction, hunger eradication, housing and urbanisation. The priorities of the Plan are clustered under the following five key sectors: 1) finance and production sector; 2) infrastructure sector; 3) social sector, focusing on: universal health coverage, social protection, human capital development, digitalisation and economic innovation; 4) environment and natural resources, focusing on: natural resource conservation, restoration and management, sustainable waste management and pollution control, sustainable exploitation of natural resources and blue economy; 5) governance and public administration sector.
Long title of text
Kenya Vision 2030. Fourth Medium Term Plan 2023-2027. "Bottom-Up Economic Transformation Agenda for Inclusive Growth".
Date of text
Entry into force notes
2023-2027.
Repealed
No
Publication reference
Republic of Kenya. The National Treasury and Economic Planning.
Source language

English

Legislation Amendment
No
Implements