Kenya has been urged to invest in the Blue economy and the digital connectivity in order to jump-start the economy.
The Commonwealth Secretary-General Patricia Scotland says member states will have to get digital connectivity right in place due to the lock downs imposed globally.
“If we are going to bounce back after the onslaught that has happened as a result of COVID-19 because the economy is on slow down due to the inability to move, we are going to need connectivity back in place,” she said.
Scotland, however, acknowledged Kenya’s efforts in ensuring digital connectivity pointing out the impact M-Pesa has had on the economy.
“In Kenya, M-Pesa has made a huge impact in enabling us to come together to use the opportunity in moving money swiftly and effectively. That is what countries are going to need to save the economy,” she said.
Scotland was speaking during a live virtual interview from London during the Good Morning Kenya show aired every day on KBC Channel 1.
She hailed the enormous contributions made by Kenya in creating Sustainable Blue Economy.
“Kenya has made amazing contribution on Sustainable Blue Economy which aims to develop an integrated sustainable approach in the use of ocean resources to spur economic growth,” she said.
COVID-19 has had a devastating impact on the economy with countries not able to import products.
The global GDP is expected to drop from 5.5% to 4.9%.
In Kenya, the export of flowers which is one of the biggest source of the foreign currency has dropped immensely.
“Farmers had to destroy most of the shipments of roses prepared for Mothers’ day and that was painful to watch for Kenya and all those countries that enjoy the beauty of Kenyan blooms,” Scotland said.
She said the Commonwealth is committed to giving solutions to countries to ensure they make an economic comeback.
Scotland urged all the countries to focus on technology and good governance to allow for acceleration in trade.