Mwai Kibaki whose term as Finance minister in the 1970s is widely celebrated as outstanding, did much as President to repair the damage done to the country's economy during the 24-year reign of his predecessor, President Moi. Compared to the Moi years, Kenya was much better managed, by far more competent public sector personnel, and was much transformed. Kenya's economy in the Kibaki years experienced a major turnaround. GDP growth picked up from a low 0.6% (real −1.6%) in 2002 to 3% in 2003, 4.9% in 2004, 5.8% in 2005, 6% in 2006 and 7% 2007, then after the post election chaos
Mwai Kibaki and chairman of the Economic Planning Commission in 1963, he was promoted to Minister of Commerce and Industry in 1966. In 1969, he became Minister of Finance and Economic Planning where he served until 1982. In 1974, Kibaki, facing serious competition for his Donholm Constituency seat from a Mrs. Jael Mbogo, whom he had only narrowly and controversially beaten for the seat in the 1969 elections, moved his political base from Nairobi to his rural home, Othaya, where he was subsequently elected as Member of Parliament. The same year "Time" magazine rated him among the top 100 people in the