Kenya Launches Fourth MTP-IV 2023-2027 To Drive Economic Transformation

By Dorothy Musyoka

In a significant step towards realizing the Kenya Vision 2030, the Government has launched the  five year plan  Fourth Medium Term Plan (MTP-IV) 2023-2027 in Tharaka Nithi County.

This final five-year plan aims to transform Kenya into a newly industrializing middle-income country by 2030 through comprehensive economic, political, and social reforms.

Speaking during the launch of MTP-IV Interior Cabinet Secretary Prof.Kithure Kindiki reiterated that adminstration’s Bottom-Up Transformation Agenda is in line with Kenya Vision 20230 to transform the country’s economy.

“The Kenya Kwanza Bottom Up Economic Transformation Agenda (BETA) is aligned to the Kenya Vision 2030 Plan aimed at the Transformation of Kenya’s economy, politics and social affairs to turn Kenya into a newly industrialising middle income Country by the year 2030,” noted Interior CS.

According to the interior CS, the Government is intensifying efforts to construct roads, water reservoirs, and other facilities as outlined in the MTP-IV, in addition to the enhancements detailed in the County Integrated Development Plan (CIDP).

“In Tharaka Nithi County, the Government is scaling up the building of roads, water reservoirs and other amenities specified in the MTP-IV as supplemented by the County Integrated Development Plan(CIDP),” stated CS Kindiki.

During the MTP-IV period ending in 2027, the Government is investing in agricultural production, value addition, manufacturing, healthcare, education, the digital and creative economy to create wealth and shared prosperity for all citizens without distinction

The implementation of MTP III came to an end on 30th June 2023, ushering in the implementation of the Fourth Medium Term Plan (MTP IV), which has been aligned to the aspirations of theKenya Vision 2030 and the Kenya Kwanza Bottom-Up Economic Transformation Agenda(BETA) planning approach and its key priorities.

 The MTP IV is the final five-year Medium Term Plan under Kenya Vision 2030, which will leave only two years remaining until the conclusion of the 22-year long-term blueprint. This will initiate discussions on the strategy for the next long-term development plan.