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Among
them were exchange controls, import and export
licensing, as well as restrictions on remittances of
profits and dividends, all of which no longer exist.
These reforms have been painstakingly undertaken by the
Kenyan government in order to create the necessary
environment to attract foreign investment.
The Government of Kenya is taking a variety of steps to
create an enabling environment for both foreign and
domestic investment. This is in line with the
Government’s
Economic Recovery Strategy for
Wealth and Employment Creation (2003–2007),
which is focused on the promises contained in the
manifesto of the ruling party, the National Rainbow
Coalition (NARC). Priorities are investment in
infrastructure and improving access to education and
health services. Also at the top of the agenda are
fighting corruption and promoting good governance.
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