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{
    "id": 894379,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/894379/?format=api",
    "text_counter": 54,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "In the „World Bank Ease-of-Doing-Business Index - 2019‟, Kenya‟s ranking improved 19 places to position 61 globally. This made our nation one of the most improved countries during the review period. It is our intention to build on this success to further improve our ranking to be among the top 50 by the year 2020. Overall, our economic outlook remains positive; underpinned by the implementation of our transformative development agenda. Hon. Speakers, we remain true to our long-term strategy, the Kenya Vision 2030. The Medium-Term Plan of 2018-2021 is centred around the Big Four Agenda. During this period, we expect the economy to grow at an annual average rate of 6.6 per cent. Our focus is on socio-economic interventions in critical sectors, that we believe will enhance the quality of life for all Kenyans, in ways that are tangible and measurable. In manufacturing, my administration is prioritizing local motor vehicle assembly and manufacturing of spare parts. This initiative has witnessed Peugeot and Volkswagen assembly lines set up in Kenya. Since their revival, the two companies have jointly assembled 627 motor vehicles; and by the end of 2019, they will have assembled at least 1,500 vehicles. This is a positive beginning for a sector that is expected to rapidly expand and make Kenya the regional motor vehicle assembly hub. This will create various opportunities for our people, particularly, for our youth."
}