The money that individuals and firms in Kenya use to pay bribes can be used to create employment for 250,000 people according to a World Bank report.
The report that gives an update on the state of Kenya's economy, highlights corruption as the single most persistent barrier to economic development, despite improvements in provision of energy and road infrastructure.
The report has also stated that modern job creation in the country is still low in comparison to the large number of job seekers. While each year 800,000 people reach the working age, there are only 50,000 jobs available which leads to high competition. The high competition is the contributor to nepotism, tribalism, bribery, and sexual harassment in the job market according to the report.
To create more good jobs Kenya needs to boost the skills of its workforce, the report recommends. The report has noted that more modern jobs have been created and there is less reliance on subsistence farming.
It give the example of less than half of Kenya's total population being engaged in subsistence farming as opposed to two out of three people 20 years ago.
However, the report warns that while the country will be entering 2013 from a position of economic improvement, past electoral transitions have exposed Kenya's vulnerability and that attention needs to be directed towards the conduct of the 2013 elections. This will help the country attain the projected five percent economic growth up from the current 4.3 percent.