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Macro Economic Variables And Foreign Direct Investment Growth Rate In Kenya
Developing nations consider foreign direct investment (FDI) as a necessity for external finances and consistent economic growth. Kenya being a developing country benefits from foreign direct investment inflows through enhanced economic growth, increased employment opportunities, increased utilization of local resources, infrastructural growth and development, technological transfer, and improved balance of payment among other benefits. However, the fluctuations and inconsistencies in FDI growth rate in Kenya and inability to consistently retain the inflows and growth trend over the years has become a concern to the country's FDI growth projection.
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