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RE: LeoThread 2025-01-12 05:27

in LeoFinance16 days ago

Part 9/10:

Despite the glowing prospects, Kenya encounters significant hurdles in attracting foreign investment and managing corruption issues. The country ranks poorly on several indices measuring rule of law and economic freedom, underlining the importance of improving governance and infrastructure to foster a more conducive business environment.

Additionally, the rising debt-to-GDP ratio raises alarms about fiscal sustainability, urging a closer look at how to balance development needs with responsible borrowing practices.

Balancing Growth and Development