Economists cut Kenya’s growth outlook on poll jitters

View of the skyline of Nairobi, Kenya with Uhuru Park in the foreground.


Business Daily | by Constant Munda


Global economists have marginally cut Kenya’s growth outlook for 2022 largely on rising external debt costs and reduced investor confidence ahead of the August 9 General Elections.

A consensus outlook from 14 global banks, consultancies and think-tanks shows economic activities will likely expand 5.3 percent this year, a 10-basis point downgrade from 5.4 percent projection last month…

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