Showing 1 - 10 of 15
The pandemic has dealt a major blow to the economy, but the government's quick policy responses have helped to cushion … relief measures extended at the onset of the crisis have been discontinued. The economy is expected to continue to recover …
Persistent link: https://www.econbiz.de/10012603558
After multiple headwinds dampened growth in 2017, a nascent rebound in economic activity in Kenya is gaining momentum. Notwithstanding the projected rebound in economic activity risks are tilted to the downside. The Government of Kenya has outlined four big priority areas for the next five...
Persistent link: https://www.econbiz.de/10012645198
Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily due to lower agricultural output and weak private sector investment. As a result, the...
Persistent link: https://www.econbiz.de/10012646675
The COVID-19 (coronavirus) global pandemic will have a large negative impact on the Kenyan economy. Even before being … affected by the novel coronavirus, Kenya's economy had decelerated. The World Bank estimates that GDP growth in 2019 was about … and conferences, and a nightly curfew, are expected to affect both production and consumption across the economy …
Persistent link: https://www.econbiz.de/10012647069
Kenya's economy has been hit hard by COVID-19, severely affecting incomes and jobs. The economy has been exposed … economy is projected to contract by 1.0 percent in 2020 in the baseline scenario, and by 1.5 percent in a more adverse … preserve jobs,incomes and the economy's productive potential. Tax revenue dropped below target, due to the marked slowdown in …
Persistent link: https://www.econbiz.de/10012647670
Kenya withstood another difficult year in 2012 as policy tightening and weaker global demand slowed economic activity. With decisive fiscal and monetary policies, the government managed to restore confidence in Kenya's medium term prospects. Kenya's growth rate is still below its potential and...
Persistent link: https://www.econbiz.de/10012248091
issues. The Kenyan economy faced multiple headwinds in 2017. A drought in the earlier half of the year, the ongoing slowdown …
Persistent link: https://www.econbiz.de/10012644872
The Kenyan Economy is on ... …
Persistent link: https://www.econbiz.de/10012645652
, these include weaker than expected growth in the global economy, volatility in global financial markets and a spike in oil …
Persistent link: https://www.econbiz.de/10012246673
Kenya may be at a "tipping point," the theme of the third Kenya economic update which has a special focus on the transformative impact of information and communication technology (ICT) and mobile money. Over the last decade, ICT has outperformed all others sectors growing at an average of 20...
Persistent link: https://www.econbiz.de/10012247330