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{
    "id": 158344,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/158344/?format=api",
    "text_counter": 171,
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    "content": "growth when that moment comes? Clearly, the crisis that we have gone through, particularly as a nation, where we indict ourselves in the sense that we have gone through an election and one year down the line, we are still politicking as if the next general election is just about to recur. These are not the kind of messages that we want to send across. Mr. Temporary Deputy Speaker, Sir, some years back, when I was serving as the Minister for Finance, one of the things that happened in this country, particularly around 1992, was the issue of tribal clashes that were related to elections. Agriculture was devastated in this country and it took a very long time for the economy to pick up again in terms of growth. That means that we are still dealing with a fragile situation. It, therefore, calls for a lot of measures and restraints that need to be brought to bear by all the players in this country, so that we can start reversing this trend. We may talk of the post-election violence and the economic meltdown but, at the end of the day, it is our words that do the biggest harm in terms of scaring away the investors from this country. The World Bank has recently produced the results of a survey indicating that Kenya is on the decline in terms of attractiveness as an investment destination. We are losing that to our neighboring countries, be it Tanzania, Uganda and even in the region. In addition to that, it is also coming out that the largest foreign direct investment that is beginning to take place in our neighboring countries like Tanzania, Uganda and Rwanda is by Kenyans. The largest foreign direct investors are the Kenyans who are finding a more conducive environment to invest in those countries and not invest in our country. They are now creating jobs in those other areas and we are losing the jobs in our own country. There is too much politicking and the procedures are too protracted. We have a situation where politics treats the members of the private sector, to a certain extent, as opponents."
}