Compiled from: Riruta Economic Empowerment Committee www.reec.co.ke
Why we need Economic Empowerment in Kenya Economic empowerment in Kenya is an approach that the government has embraced in order to bring advancement on the economy. This is done by increasing knowledge and skills for the people to access productive resources, improving schools, medical centers and roads, as well as assisting everyone in the community in their ability to make decisions and act upon the said decisions to benefit economic growth and development. Economic empowerment in Kenya also involves recognizing the social and political aspects as these also go hand in hand with economic development. The government needs to take into account all the social and cultural factors that may pose a limit to the abilities of everyone in the community. These aspects include sexual and gender based violence, poor infrastructure, and access to public resources.
Benefits of Economic Empowerment in Kenya There are many benefits associated with economic empowerment in Kenya and include: Sustainable economic growth
Economic empowerment in Kenya helps in achieving sustainable economic growth through encouraging talents, creativity and entrepreneurial skills in the community. The government should take advantage of the young people in this case as they form the highest percentage of an economy’s population, taking into account that they have more time and energy which can be tapped in to improve the economy. If given a chance, the youth can influence the economy positively.
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Achieves gender equality
Economic empowerment is a great avenue for the government to achieve gender equality. This can be done by giving women an equal chance at contributing to the economy. Women tend to spend a larger chunk of their income on their families and by increasing their income, the government will be assured of more healthy children, education for all and the level of poverty can also be reduced by a huge percentage. Improved living standards
When the government invests in women, the effect will be massive. Economic empowerment is directly related to the livelihood of the people in the community. The government can therefore invest more in women, because they are the most vulnerable lot. Once they are empowered and equipped with knowledge and skills, they can be able to mirror these skills to their families and everyone else around them.
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Improved agricultural productivity
Economic empowerment in Kenya is an all rounded aspect, agriculture being one of the aspects. When the government empowers farmers and gives access to agricultural products, it will lead to an improved productivity in that sector and this will ensure food security in the country. Create job opportunities
Economic empowerment in Kenya can create job opportunities especially to the young people. All the government needs to do is empower the young people by equipping them with knowledge and skills as well as access to resources. Young people can then become entrepreneurs and this will boost the economy as well as engage the young people positively to keep them away from vices they might indulge in out of boredom. Economic empowerment in Kenya is the best thing that the government can do because it not only ensures a sustainable economy but also happy, healthy citizens; which becomes a bonus to economic growth.
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