Muia: Vision 2030 dream is realisable in the long-term

Vision 2030 Director General Dr Julius Mula (PHOTO: FILE)

NAIROBI, KENYA: It is understood that when some officials at the World Bank heard that the latest Purchasing Manager’s Index (PMI) by the Stanbic Bank of Kenya, had hit a record low of 34.4, they wondered if Kenya had plunged into a recession.

The PMI is one of the reliable barometers for the health of the country’s private sector, relied upon by key financial institutions such as the World Bank.