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Fishing's Economic Significance in Kenya

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Fishing's Economic Significance in Kenya

Question

State three significance of fishing to the economy of Kenya.

Answer

- Export of fish earn foreign exchange used to develop the economy.
- Fishing is a source of government revenue through taxation which is invested in other areas.
- Fishing waters produce raw material to produce lubricants, fertilizers and cosmetics.
- Fish creates employment opportunities that earns income to fishermen.
- Fishing is a sport that attract tourists thus generate foreign exchange for the country.