Whats Kenya's Economic System?

source please.

Answer:
Kenya - Economy and Infrastructure


The Internet
Communications
Per Capita Income
Agriculture
Tourism
Exports
Imports
Main Industries
Electricity
Water and Sewage
Financial Sector
Armed forces
Agriculture : Is the mainstay of Kenya's economy, contributing over one third of the Gross Domestic Product (GDP). Agricultural crops include tea, coffee, horticultural products, pyrethrum, pineapples, sisal, tobacco and cotton. Food crops for domestic consumption include maize, beans, cane sugar, wheat, rice, bananas, cassava, potatoes, sorghum, millet, etc. Livestock farming.

Exports: Tea, coffee, horticultural products, hides and skins, pyrethrum, pineapples, beer, among others.

Imports : Industrial machinery, crude petroleum, motor vehicles and transport equipment, minerals, iron and steel, chemicals, food and manufactured goods.

Main Industries : Food and beverages processing, manufacture of petroleum products, textiles and fibres, garments, tobacco, processed fruits, cement, paper, pyrethrum products, engineering products, wood products, pharmaceuticals, basic chemicals, sugar, rubber, plastics, etc.

Electricity : Expansion of electric capacity has generally kept pace with growth in demand. In 1992 the hydro-electric capacity in the country was 604 megawatts, thermal capacity about 180 megawatts, and geothermal capacity at 45 megawatts, making a total of 829 megawatts. Further development in hydro and geothermal power is currently under way. Electricity is supplied at 240 volts, 50 cycles single phase, and at 415 volts, 50 cycles three phase.

Water and Sewerage : For industrial and domestic purposes, water is supplied by local authorities and other licensed suppliers. Major towns in Kenya provide sewerage and drainage systems for residential and business use.

In view of increasing demand, various local authorities are undertaking major investment for supply of water.

Financial sector: Kenya's financial system in 1994 consisted of the Central Bank, 32 commercial banks, 51 non-bank financial institutions, 36 insurance companies, 6 development finance institutions and a number of building societies. Some of these institutions are locally owned while others are foreign owned.

Armed Forces: Kenya's budget for the armed forces comprises about 3% of the GDP. The USA is the primary source for Kenya's military funding. See more about the Kenyan armed forces.

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