Saturday 13 January 2024

 President William Ruto is set to spearhead the first-ever private sector roundtable in March, aiming to tackle challenges in Kenya's investment sector and devise timely solutions. In its second full council meeting, the National Investment Council (NIC) resolved to conduct quarterly private sector roundtables to enhance the country's investment climate.

The roundtable, chaired by President Ruto, will prioritize attracting Foreign Direct Investment and nurturing Domestic Direct Investment growth. The NIC, recognizing the crucial need for real-time feedback on policy impact and identifying investment barriers, is committed to strategic deliberations at these quarterly forums.

Notable attendees at the second full meeting included Cabinet Secretaries from critical sectors like Investments, Trade and Industry, Information, Communication, Digital Economy, Agriculture and Livestock Development, and more. President Ruto's leadership underscores the government's dedication to fortifying Kenya's economic landscape.

National Treasury and Economic Planning Cabinet Secretary Njuguna Ndung'u, alongside Investment Trade and Industry counterpart Rebecca Miano, will conduct periodic media briefings. This initiative aims to transparently communicate the country's stance on fiscal, monetary, and investment matters, recognizing the importance of clear communication for investors and global positioning. The inaugural roundtable marks a pivotal step towards fostering economic growth and stability in Kenya.


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